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Santa Lucia Group
In this Group: Feliciana, Francisca, Dionicia, Estela, Maria, Maria, Liz, Evangelista, Lidia, Marta, Lidia, Eugenia, Maria*
* not pictured
The ladies of the Santa Lucia committee will use their loans to develop their business so they can meet their clients' needs and generate more income for their families. This will be their second loan; with much effort and sacrifice, they were able to pay back their first loan. Lidia is one of the group members; she devotes herself to sales, has a small restaurant as well as a larder, which she was able to obtain with great effort. She says that at the beginning it was quite hard, but that little by little, her business was able to take off and that her business is now growing. She is requesting this loan to purchase vegetables, fruit, goods in bulk, milk and other products. She is grateful for the opportunity she will be granted, as the loan will allow her to improve sales and to continue helping her family as she has been doing.
View original language description ↓
Las señoras del comité Santa Lucia utilizaran sus créditos para la ampliación de sus negocios así para poder estar en acorde a la exigencia de sus clientes y tener más ingreso en su familia. Ellas están en su ciclo número dos, con gran esfuerzo y sacrificio.
Lidia es una de las integrantes, quien se dedica a las ventas, tiene un pequeño copetín y también una despensa, que con mucho esfuerzo pudo tener. Cuenta que al principio le fue un poco difícil, pero que poco a poco fue afianzándose y que eta creciendo. Ella solicita de este crédito para poder invertirlo en la compra de verduras, frutas, productos a granel, leche y demás insumos.
Ella esta agradecida por la oportunidad que está recibiendo, ya que con esto podrá mejorar sus ventas y seguir ayudando a si familia como lo viene haciendo.

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
  • 58
    View loans »
    Paraguay Loans Fundraising
  • $27,485,400
    Funds lent in using Kiva
  • 4,158.2
    Paraguay Guarani (PYG) = $1 USD

Success!! The loan was 100% repaid

A portion of Santa Lucia Group's $3,025 loan helped a member to purchase vegetables, fruit, goods in bulk, milk and other products.
100% repaid
Repayment Term
9 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Mar 27, 2013
Listed
Apr 29, 2013
Currency Exchange Loss:
Covered
Ended:
Nov 17, 2013