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San Miguel Group
In this Group: Patricia, Cesilia, Angela, María, Leovigilda, Carmen, Catalina, Sonia, Liliana, Maria, Rosa, Lucia, Estelbina, Cynthia, Nathalia, Shirley, Leandra, Karen*, Shirley*, Celia*
* not pictured
There are twenty women in this group. They are women heads of households who by making sacrifices and through their efforts decided to move forward. They want to provide everything for their families that they were unable to have.

One of them is Patricia. She is the president who always motivates her friends to continue working, to attend meetings in order to grow and improve. She works selling various clothing, and thanks to her proficiency she is growing and already has a good client base.

Today in order to continue growing she is asking for this loan so she can invest in the purchase of various clothing, such as shirts, pants, jeans, t-shirts and so on, which will be a big help so she can continue with her sales and improve her income.
View original language description ↓
20 son las mujeres que forman este grupo, ellas son mujeres jefas de familia, que por medio de su sacrificio y esfuerzo decidieron salir adelante. Quieren poder dar a sus familias todo lo que ellas no pudieron tener.
Una de ellas es la Sra. Patricia ella es la presidenta, quien motiva siempre a sus amigas a poder seguir trabajando, asistir a las capacitaciones para ir creciendo y mejorando. Cuenta además que se dedica a la venta de prendas variadas, gracias a que es muy hábil esta creciendo y ya tiene muy buena clientela.
Hoy en miras a seguir creciendo pide de este crédito, ya que quier invertirlo en la compra de prendas variadas, como ser camisas, pantalones, jeans, remeras y demás, que le será de mucha ayuda para poder seguir con sus ventas y mejorando sus ingresos.

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
  • 51
    View loans »
    Paraguay Loans Fundraising
  • $28,602,050
    Funds lent in using Kiva
  • 4,415.0
    Paraguay Guarani (PYG) = $1 USD

Success!! The loan was 100% repaid

A portion of San Miguel Group's $4,475 loan helped a member to buy shirts, pants, jeans, t-shirts, and other items for her business.
100% repaid
Repayment Term
6 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
May 21, 2013
Listed
Jun 20, 2013
Currency Exchange Loss:
Covered
Ended:
Oct 17, 2013