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San Jose Obrero Group
In this Group: Nelly, Graciela, Nilde, Gladys, Cipriana, Maria, Maria, Mirna, Maria, Maria, Ana*
* not pictured
The committee named “San José Obrero” was started through the initiative of Sra. Nelly. She wanted to help her friends, so she invited them and started this group which is in its first loan cycle.


Nelly operates a food pantry in her house and it contains everything that her neighbors need. Her business is always well-stocked. Thanks to her work, she is able to move forward and help her family. Nelly is requesting a loan so that she can buy noodles, sugar, rice, oil, and other products that are in high demand. For this reason, she wants her business to be stocked with these items.


The members of this group are grateful for the opportunity they have received and it will be of great help.

View original language description ↓
El comité “San José Obrero, se conformo con la iniciativa de la señora Nelly quien queriendo ayudar a sus amigas las invito y de ahí surge este grupo que está en su primer ciclo.
Nelly tiene una despensa en su casa, con todo lo que sus vecinos necesitan, siempre este bien surtido, y es gracias a este trabajo que está saliendo adelante y puede ayudar a su familia. Solicita de este crédito para la compra de fideos, azúcar, arroz, aceite y demás, los cuales son los que más demanda tienen y es por eso que quiere poder surtirse con ellos.
Agradecen la oportunidad que reciben, pues les será de mucha ayuda.

Additional Information

About Fundación Paraguaya

Fundación Paraguaya is a financially self-sustaining social enterprise that promotes entrepreneurship in urban and rural areas through microfinance, education programs, and more. Its focus on agriculture has helped many farmers boost their crop yields. And a number of other borrowers have taken out loans to start and grow social businesses that have helped deliver eyeglasses, medicines and other helpful services in their local communities.

This is a Group Loan

In a group loan, each member of the group receives an individual loan but is part of a larger group of individuals. The group is there to provide support to the members and to provide a system of peer pressure, but groups may or may not be formally bound by a group guarantee. In cases where there is a group guarantee, members of the group are responsible for paying back the loans of their fellow group members in the case of delinquency or default.

Kiva's Field Partners typically feature one borrower from a group. The loan description, sector, and other attributes for a group loan profile are determined by the featured borrower's loan. The other members of the group are not required to use their loans for the same purpose.

About Paraguay

  • $8,400
    Average annual income
  • 87
    View loans »
    Paraguay Loans Fundraising
  • $31,496,850
    Funds lent in using Kiva
  • 4,209.5
    Paraguay Guarani (PYG) = $1 USD

Success!! The loan was 100% repaid

A portion of San Jose Obrero Group's $1,500 loan helped a member to buy noodles, sugar, rice, oil, and other products.
100% repaid
Repayment Term
9 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Dec 13, 2012
Listed
Jan 14, 2013
Currency Exchange Loss:
Covered
Ended:
Jul 17, 2013