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San Francisco Group
In this Group: Sonia, Pelagia, Luisa, Edelira, Liz, Irma, Jeremía, Nancy, Leoncia, Dominga, Ingridt, Gladys, Hilaria, Gloria, María*, Belencita*
* not pictured
The “San Francisco” communal bank was formed when several neighbors from the city of Santaní joined together. They all have a great sense of responsibility and work hard to get ahead.

Each of them works in different businesses. Luisa is one of the members. She is a single mother of 2 children. She has a store where she sells all types of products, snacks, and cooked cassava to support and educate her children. She works hard to give them what she can. She is a single woman, but she works hard for her children.

She is requesting this loan to buy products for her business, such as soft drinks, vegetables, fruits, and other items so that she can supply her store and continue giving a good variety to her customers.
View original language description ↓
El comité “San Francisco” se formó con la unión de varias vecinas de la ciudad de Santaní, todas ellas tienen un gran sentido de responsabilidad y luchan por salir adelante.
Cada una de ellas tiene sus actividades diferentes La Sra. Luisa , una de ellas, es madre soltera de 2 hijos tiene un almacén en donde vende productos de todo tipo, minutas y mandioca cocida para mantener y educar a sus hijos. Ella lucha por darles todo lo que está a su alcance, ella es una mujer sola, pero que lucha por sus hijos.
Solicita de este crédito para la compra de insumos para su negocio, como ser bebidas, verduras, frutas, y demás, para poder surtir su local y seguir dando buena 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
  • 59
    View loans »
    Paraguay Loans Fundraising
  • $28,869,750
    Funds lent in using Kiva
  • 4,159.4
    Paraguay Guarani (PYG) = $1 USD

Success!! The loan was 100% repaid

A portion of San Francisco Group's $2,575 loan helped a member to buy soft drinks, vegetables, fruits, and other items to stock her store.
100% repaid
Repayment Term
9 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Mar 27, 2013
Listed
Apr 28, 2013
Currency Exchange Loss:
Covered
Ended:
Nov 17, 2013