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San Cayetano Group
In this Group: Crisolina, Grismilda, Lucia, Antonia, Aquilina, Maria, Maria, Gervacia, Gregoria, Ildefonsa, Margarita, Carmen, Nancy, Patricia, Mirtha, Mirian, Margarita, Marli, Natalia, Deysi
The communal bank "San Cayetano" is comprised of 20 women who have a desire for financial success. They are humble mothers from families with limited resources who work daily to support their families and give them the dignity of a good life. They are enterprising people who each have their own businesses, but they work together and support each other as a group, seeking to succeed with their families.

One of these women is Margarita, who is a dressmaker. She states that at first it was a bit difficult, but over time she has been gaining ground, and today she is very well-known for the work that she does. Most of her neighbors come to her business, as well as people from other places. Margarita's goal is to continue to grow the business so that she can help her family.

Margarita is requesting a loan to invest in the purchase of fabric, thread, buttons, zippers, elastic, and other supplies that she uses to make garments.
View original language description ↓
Este comité llamado San Cayetano esta integrado por 20 señoras con ganas de superarse económicamente. Son personas humildes madres de familias de escasos recursos que trabajan a diario para mantener a su familia para darles una dignidad de buena vida. Las mismas son independientes en sus labores, personas emprendedoras, solidarias que trabajan en conjunto como grupo buscando la superación de sus familias.
Una de ellas es la Sra. Margarita, quien es modista, comenta que al principio le fue un poco difícil, pero con el tiempo fue ganando terreno y hoy en día y aes muy conocida por el buen trabajo que hace, en su barrio la mayoría de sus vecinos y personas de otros lugares vienen hasta ella. Su meta es seguir creciendo y de esa forma ayudar a su familia.
Solicita este crédito para poder invertirlo en la compra de telas e hilos, también botones, cierres, gomas y demás, ya que son los insumos que mas utiliza en sus prendas.

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

  • $4,555
    Average annual income
  • 17
    View loans »
    Paraguay Loans Fundraising
  • $29,311,225
    Funds lent in using Kiva
  • 4,182.5
    Paraguay Guarani (PYG) = $1 USD

Success!! The loan was 100% repaid

A portion of San Cayetano Group's $5,475 loan helped a member to buy fabric, thread, buttons, zippers, elastic, and other sewing supplies.
100% repaid
Repayment Term
6 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Dec 18, 2012
Listed
Jan 16, 2013
Currency Exchange Loss:
Covered
Ended:
May 17, 2013