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San Roque Group
In this Group: Carmen, Gloria, Rosalina, Margarita, María, Angelina, Irene, Digna, Eliodora, Lucia, Aurelia, Francisca, Delia, Paola
San Roque Group is in its first loan cycle. The members of this group have gathered to work together and help their families and their communities. They're from a place that's somewhat far from the city, which is difficult to get to and they don't have access to many means of communication.

Irene is a modest person who is getting ahead with a lot of work and effort. Her goal is to be able to help her family so they lack nothing and don't have to suffer the hardships she did. By selling clothing she's helping her family, and she wants to continue doing so.

She's requesting this loan to be able to invest in buying winter clothing to sell so she can continue working and fulfilling her customers' requests.
View original language description ↓
El grupo llamado San Roque está en su primer ciclo, donde las miembros de este grupo se han unido para trabajar juntas, ayudar a sus familias y también a su comunidad, ya que son de un lugar un poco alejado de la ciudad, el cual es de difícil acceso, y no tienen acceso a muchos medios de comunicación.
Irene es una persona humilde, que con mucho trabajo y esfuerzo está saliendo adelante, su meta es poder ayudar a su familia y que no les falte nada, y no tengan que pasar por necesidades como las que ella tuvo que pasar, por medio de la venta de prendas está ayudando a los suyos y quiere seguir haciéndolo.
Solicita de este crédito para poder invertirlo en la compra de prendas de invierno para la venta, con lo cual podrá seguir trabajando y cumpliendo con la demanda de sus clientes.

Additional Information

More information about this loan

This loan is designed for poor clients living in rural areas with high levels of crime and social conflict. These clients, working primarily in agriculture, are often ineligible for credit from formal financial institutions because of the high-crime area they live in, their lack of adequate collateral (like a land title), and the likelihood of low agricultural production due to bad weather or pests. Fundación Paraguaya is committed to serving these clients with loans and other wraparound services tailored to their needs. It also provides clients working in agriculture with access to discounted training courses at a local agricultural school to teach them how to improve their crop yields.

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
  • 48
    View loans »
    Paraguay Loans Fundraising
  • $27,441,200
    Funds lent in using Kiva
  • 4,189.6
    Paraguay Guarani (PYG) = $1 USD

Success!! The loan was 100% repaid

A portion of San Roque Group's $2,425 loan helped a member to buy winter clothing.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Apr 16, 2013
Listed
May 21, 2013
Currency Exchange Loss:
Covered
Ended:
Nov 17, 2013