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San Pedro Group
In this Group: Juliana, Teotista, Gloria, Petrona, Miguelina, Irma, María, Delia, María, Beatriz, María, Myrian, María, María*
* not pictured
The communal bank "San Pedro" is from the city of Santani, specifically from the community of Guayaibi, which is an area quite far from the center of the city and with a very difficult access. During bad weather there is no way to get there.

Juliana runs a store where she sells her own produce, such as yucca plant, corn, beans and also eggs. She is a very enterprising woman who is working hard to grow and get ahead as well as help her family.

She is requesting a loan to buy other supplies for her store such as milk, meat, fruit and other items, so she can continue with her business.
View original language description ↓
El comité “San Pedro” es de la ciudad de Santani, específicamente de la comunidad de Guayaibi, una zona un poco alejada del centro de la ciudad y de muy difícil acceso, ya que cuando hay inclemencias del clima ya no tiene medio de ingresar.
La Sra. Juliana tiene una despensa donde vende los productos de su propio plantío, como mandioca, maíz, poroto, también huevo. Es una señora muy emprendedora que está luchando arduamente por crecer y por salir adelante y ayudar a su familia.
Solicita de este crédito para la compra de otros insumos para su despensa, como ser leche, carne, frutas y demás y seguir trabajando de esa forma.

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
  • 75
    View loans »
    Paraguay Loans Fundraising
  • $30,204,950
    Funds lent in using Kiva
  • 4,465.0
    Paraguay Guarani (PYG) = $1 USD

Success!! The loan was 100% repaid

A portion of San Pedro Group's $3,025 loan helped a member to buy milk, meat, fruit and other items.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jun 13, 2013
Listed
Jul 16, 2013
Currency Exchange Loss:
Covered
Ended:
Jan 17, 2014