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Espiritu Santo Group
In this Group: Cristina, Lidia, Daisy, Liz, Maria, Sandi, Daysi, Irma*, Vilma, Edy, Mariza, Gilda*, Elsa
* not pictured
The group called "Espiritu Santo" ["Holy Spirit"] is in its 12th loan cycle. A survey is being taken for the elimination of poverty, and none of the members are below the poverty line, thanks to the work they have all done and continue to do.

One of the members is Gilda, who works making clothing. Gilda comments that she always has a lot of work, and it helps her a lot. She has become well-known in the neighborhood, since she does very good work, and this is her best advertising. She is a very hard-working person who would like to keep growing and working hard.

She is requesting this loan to buy fabrics to make clothing. This will help her carry out her business plan, which will help her improve her income.
View original language description ↓
El grupo llamado Espiritu Santo está en su ciclo número 12. Están haciendo la encuesta de eliminación de pobreza, donde ninguna se encuentra por debajo de la línea de pobreza, eso gracias al trabajo que todas han hecho y siguen haciendo.
Una de las integrantes es la Sra. Gilda, quien se dedica a la confección, y comenta Gilda que tiene siempre mucho trabajo, y que eso la ayuda mucho. Se hizo conocida en el barrio ya que hace muy buenos trabajos y esa es su mayor publicidad. Ella es una persona muy trabajadora que quiere seguir creciendo y luchando.
La Sra. Solicita de este crédito para la compra de telas para la confección de ropas, lo que le ayudará a tener a concretar su plan de negocio, el cual le ayudará a mejorar sus ingresos.

Additional Information

More information about this loan

This loan is part of the innovative “Poverty Stoplight” program developed by Fundación Paraguaya for women living in poverty. A “stoplight” measurement tool is used to help borrowers self-identify the type of poverty that affects them most (lack of income, dearth of financial opportunities, poor living conditions etc.). Borrowers rate 50 areas of their life as green (not poor), yellow (poor) or red (extremely poor). Together with their loan officer, they come up with a plan to resolve yellow and red indicators. Through this program, Fundación Paraguaya hopes to lift 9,000 women and their families out of poverty by 2017.

To learn more about this unique approach to eliminating poverty, you can read this article on Fundación Paraguaya’s website.

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
  • 64
    View loans »
    Paraguay Loans Fundraising
  • $33,622,500
    Funds lent in using Kiva
  • 3,965.0
    Paraguay Guarani (PYG) = $1 USD

Success!! The loan was 100% repaid

A portion of Espiritu Santo Group's $2,550 loan helped a member to buy fabric to make clothing.
100% repaid
Repayment Term
5 months (Additional Information)
Repayment Schedule
Jan 25, 2013
Feb 24, 2013
Currency Exchange Loss:
Jun 17, 2013