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San Cayetano Group
In this Group: Lilian, Eulogia, Ana, Agueda, Liz, Lucia, Raimunda, Josefina, Maria, Laura, Carmen*
* not pictured
This Communal Bank is currently in the 12th cycle with 11 members, they are hard-working women who work hard to succeed and invest their loan in their respective businesses, which include the sale of clothes and food. They all have their own businesses with desires to work hard and succeed.

Agueda sells chipa (a typical Paraguayan food similar to bread) and comments that she is doing well as chipa always sells well throughout the year. She describes herself as a hard-working person with ambitions to work hard and succeed.

She is asking for this loan to buy more chipas to sell so she can offer her customers plenty of variety.
View original language description ↓
Actualmente el comité se encuentra en el 12º ciclo con 11 integrantes, son señoras trabajadoras que luchan en salir adelante en invertir el crédito en sus respectivas actividades ya sea en la venta de ropas y en la venta de comestibles. Todas realizan actividades independientes, con ganas de superación y empeño.
La Sra. Agueda se dedica a la venta de chipa (Alimento típico paraguayo como el pan) y comenta que le está yendo muy bien ya que la chipa siempre se vende mucho en cualquier época del año. Se define a sí misma como una persona muy trabajadora y con ansias de luchar y salir adelante.
Solicita de este crédito para poder comprar más chipas para la venta y así ofrecer excelente variedad a sus clientes

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
  • 49
    View loans »
    Paraguay Loans Fundraising
  • $27,441,200
    Funds lent in using Kiva
  • 4,169.3
    Paraguay Guarani (PYG) = $1 USD

Success!! The loan was 100% repaid

A portion of San Cayetano Group's $2,950 loan helped a member to buy chipa to sell.
100% repaid
Repayment Term
6 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Dec 20, 2012
Listed
Jan 20, 2013
Currency Exchange Loss:
Covered
Ended:
May 17, 2013