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San Carlos Group
In this Group: Feliciana, Dionisia, Dominga, Nancy, Mercedes, Gladys, Gregoria, Elizabeth*, Gloria, Milca, Elvira, Monica, Gladys, Porfiria*, Fidelina
* not pictured
This group is in its twelfth cycle and it is an exemplary group. One of the members, Sra. Milca, sells all kinds of cosmetics and is a hardworking, enterprising woman. She built up a very good customer base by offering good-quality products at a very good price.

Mrs. Milca is requesting this loan to buy cosmetics of different brands in order to be able to continue with her sales and offer a good assortment to her customers.

The group members appreciate the opportunity that Kiva and the foundation has given them, since it will be of great help.
View original language description ↓
El presente comité se encuentra, en su décimo segundo ciclo es un comité ejemplar. Una de las miembros, la Sra. Milca, quien vende todo tipo de cosméticos, es una persona muy trabajadora y emprendedora, se hizo de muy buena clientela ya que siempre trae productos de buena calidad y a muy buen precio.
Ella solicita de este crédito para la compra de cosméticos de todas marcas, para poder seguir con sus ventas y ofrecer a sus clientes buena variedad.
El grupo está contento por la oportunidad que ha recibido por parte de kiva y fundación ya que 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

  • $4,555
    Average annual income
  • 61
    View loans »
    Paraguay Loans Fundraising
  • $27,639,125
    Funds lent in using Kiva
  • 4,182.5
    Paraguay Guarani (PYG) = $1 USD

Success!! The loan was 100% repaid

A portion of San Carlos Group's $3,700 loan helped a member to buy cosmetics to sell.
100% repaid
Repayment Term
6 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Dec 19, 2012
Listed
Feb 1, 2013
Currency Exchange Loss:
Covered
Ended:
May 17, 2013