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San Blas Group
In this Group: Gricelda, Antonia, Mirian, Liz, Lidia, Elvia, Paulina, Ramona, Maria, Guillermina, Rosana, Maria, Librada, Adelaida, Lina, Perla, Sulma*
* not pictured
The San Blas group is in its first loan cycle. This group of women has a lot of enthusiasm and a desire to learn and grown. They saw a great opportunity for progress in the group program and are participating in the poverty survey to learn the financial situation of each member. Guillermina is a very selfless person. She says she helps her family through her work, which consists of selling clothing as a street vendor. Thanks to her sales ability, she is increasing her income as well as growing as a small businesswoman. She is requesting the loan to purchase T-shirts, jeans, pants, shirts and other clothes, with which she will be able to continue selling and offering a good variety to her customers.
View original language description ↓
El grupo llamado San Blas está en su ciclo número 1 del programa de comité de mujeres, ellas están con mucho entusiasmo y ganas de aprender y capacitarse, vieron una gran oportunidad de progreso en el programa de comité, están haciendo también la encuesta de eliminación de pobreza para conocer la situación económica de cada una.
La Sra. Guillermina es una persona muy sacrificada, cuenta que ayuda a su familia por medio de su trabajo, que consiste en la venta de ropas de manera ambulante. Es gracias a la habilidad que ella tiene para las ventas, que está mejorando sus ingresos y también creciendo como microemprendedora.
Solicita de este crédito para la compra de remeras, jeans, pantalones, camisas y demás prendas, con las que podrá seguir con sus ventas y ofrecer buena variedad a sus clientes.

Additional Information

More information about this loan

This loan is part of the innovative “Poverty Stoplight” program developed by Fundación Paraguaya for women living in poverty. A “stoplight” measurement tool is used to help borrowers self-identify the type of poverty that affects them most (lack of income, dearth of financial opportunities, poor living conditions etc.). Borrowers rate 50 areas of their life as green (not poor), yellow (poor) or red (extremely poor). Together with their loan officer, they come up with a plan to resolve yellow and red indicators. Through this program, Fundación Paraguaya hopes to lift 9,000 women and their families out of poverty by 2017.

To learn more about this unique approach to eliminating poverty, you can read this article on Fundación Paraguaya’s website.

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
  • 57
    View loans »
    Paraguay Loans Fundraising
  • $28,760,275
    Funds lent in using Kiva
  • 4,414.4
    Paraguay Guarani (PYG) = $1 USD

Success!! The loan was 100% repaid

A portion of San Blas Group's $2,950 loan helped a member to purchase T-shirts, jeans, pants, shirts and other clothes.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
May 27, 2013
Listed
Jun 25, 2013
Currency Exchange Loss:
Covered
Ended:
Dec 17, 2013