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Perpetuo Socorro Group
In this Group: Maria, Herma, Salustiana, Albina, Justina, Alejandra, Cynthia, Clementina, Francisca, Jacinta, Clementina, Lucina, Liz, Bernardina, Tomasa, Maria, Norma, Concepción, Viviana, Gloria, Norma, Lilian*
* not pictured
“Perpetuo Socorro” is the name of an outstanding group of women that was formed in the city of Itá, thanks to its current director, Maria. She contacted an advisor and then decided to form a group. The group is now working on its fourth loan cycle of the program in a cooperative and unified manner.


Maria sells food at her snack bar. She says that she generates very good sales since her foods are very rich and well-appreciated by her customers. As a result, she is able to move forward and help her family. Her goal is to continue working until one day she is able to have a large restaurant or a banquet hall where her customers will be more comfortable.


Maria is requesting a loan so that she can buy supplies for her snacks such as meat, vegetables, condiments, and other items. This will enable her to provide good food to her customers.

View original language description ↓
Perpetuo Socorro, se denomina el excelente grupo de mujeres conformado en la ciudad de Itá, gracias a que su actual directora Maria contacto con la asesora y decidieron formar un grupo, hoy se encuentran trabajando muy a gusto en el 4° ciclo, en forma conjunta y solidaria dentro del programa.
Maria se dedica a la venta de comida en su copetín, ella comenta que tiene muy buena venta, ya que sus comidas son muy ricas y apreciadas por sus clientes y así es que está saliendo adelante y ayudando a su familia. Su meta es poder seguir trabajando y el día de mañana tener un gran restaurante o salón donde poder ofrecer mayor comodidad a sus clientes.
Solicita de este crédito para la compra de insumos para sus alimentos, como ser carnes, verduras, condimentos, y demás para poder seguir dando una buena comida 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

  • $8,400
    Average annual income
  • 128
    View loans »
    Paraguay Loans Fundraising
  • $31,646,375
    Funds lent in using Kiva
  • 3,919.3
    Paraguay Guarani (PYG) = $1 USD

Success!! The loan was 100% repaid

A portion of Perpetuo Socorro Group's $5,000 loan helped a member to buy meat, vegetables, condiments, and other supplies.
100% repaid
Repayment Term
6 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jan 29, 2013
Listed
Feb 28, 2013
Currency Exchange Loss:
Covered
Ended:
Jun 17, 2013