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Santa Librada Group
In this Group: Ignacia, Nimia, Clara, Maria, Carmen, Zunilda, Irma, Maria, Yessica, Tomasa, Clara, Laura, Cinthia, Maria, Mirian, Mercedes*, Veronica*
* not pictured
This group from the city of Encarnación emerged from contact with one of the members of the foundation. They have worked with the foundation since 2011, are in their 5th cycle, and already have a small savings, thanks to all their efforts.

One of the members of the group is Maria. She has a small grocery store and is married to Raul, who works as a salesman. They have 2 children, for whom they both strive in order to be able to get ahead and give their children everything that they weren't able to have.

Maria says that she will use the loan she is asking for from the foundation to buy more yerba mate, eggs, meat, vegetables, canned goods and other things to better stock up her pantry. She is very grateful, as thanks to the loan she will be able to improve her earnings and her family's income.
View original language description ↓
Este grupo de la cuidad de Encarnación surgió por contacto de una de las integrantes con la fundación , trabajan con la fundación desde el año 2011, se encuentran en el 5to ciclo, y ya tienen un pequeño ahorro, gracias al esfuerzo de todas.
Una de las integrantes del grupo es la Sra. Maria, ella tiene su despensa, está casada con el señor Raúl que trabaja de vendedor, tienen 2 hijos, por quienes ambos se esfuerzan para poder sacarlos adelante y darles todo lo que ellos no pudieron tener.
Cuenta la Sra. Maria que el crédito que solicita a la fundación lo utilizará para la compra de mas yerba, huevos, carnes, verduras, enlatados y demás para surtir mejor su despensa, ella se encuentra muy agradecida ya que gracias a el crédito podrá mejorar sus ingresos y el de su familia.

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
  • 64
    View loans »
    Paraguay Loans Fundraising
  • $28,817,200
    Funds lent in using Kiva
  • 3,919.6
    Paraguay Guarani (PYG) = $1 USD

Success!! The loan was 100% repaid

A portion of Santa Librada Group's $2,875 loan helped a member to buy yerba mate, eggs, meat, vegetables, canned goods and other things.
100% repaid
Repayment Term
6 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jan 30, 2013
Listed
Mar 2, 2013
Currency Exchange Loss:
Covered
Ended:
Jun 17, 2013