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San Jose Group
In this Group: Vilma, Laura, Eva, Fabiola, Teodolina, Mercedes, Matilde, Lorena, Lorenza, Maria, Sotera, Rosana, Justina, Leonarda, Maria
The "San José" group is on its second loan cycle. The members - all women - of this group are self-sacrificing and are fighting to get ahead and to help their families.

Vilma is one member of the group. She is a housewife but, with this loan, she would like to start a business selling hot food. Vilma hopes you will endorse her plan so that, with time, she can start on a new path and improve her life.

Vilma is applying for this loan in order to buy a fryer to be able to work more quickly with her new business. With it, she will be able to continue to grow with her business and to give her family everything they need.
View original language description ↓
El grupo llamado San José está en su ciclo número 2 del programa ellas son personas muy sacrificadas que están luchando por salir adelante y ayudar a sus familias.
La Sra. Vilma es una de las integrantes, es ama de casa pero con su crédito quiere incursionar en la venta de comestibles. Desea que conforme pase el tiempo pueda abrirse camino y mejorar su vida.
Solicita su crédito para la compra de una freidora para pode agilizarle el trabajo en su nuevo emprendimiento. . Y de esa forma poder seguir creciendo con su negocio y dar así a su familia lo que necesitan para tener una vida sin privaciones.

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
  • 55
    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 Jose Group's $2,775 loan helped a member to buy a fryer for a new business.
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