Junta De Saneamiento Caaguazu Group
An artesian well and reservoir was built to support 180 users at the beginning. There are currently 3,343 users, four wells, four reservoirs, an elevated tank that holds 50,000 liters, and a well-organized executive committee. Thanks to these efforts, many families have vital access to water.
The loan being requested from Fundación Paraguaya will be used to drill another well in order to satisfy the demand for water this summer for all users. During this season, the demand for water is double than usual. This loan will also meet the demand for future connections. In the photo are Jorge and Serapio, who are in charge of this water source and managing this project, and who are co-signers on the loan.
En el año 1993 por la necesidad de acceder al agua potable en la zona fue fundada la Junta por vecinos del barrio haciendo actividades sociales para adquirir fondos de esa forma perforar un pozo, y haciéndole las instalaciones de cañerías y así poner en funcionamiento la Junta.
Fue así que empezó con 180 usuarios, un pozo artesiano y un reservorio. En la actualidad tiene 3363 usuarios, 4 pozos, 4 reservorios, un tanque elevado de 50.000 litros y una comisión directiva bien constituida. Gracias a esto muchas familias pueden tener acceso al liquido vital tan importante que es el agua.
El crédito solicitado de la Fundación Paraguaya será destinado a la perforación de otro pozo más y de esa forma cumplir a cabalidad con el abastecimiento a todos los usuarios en este verano ya que en esa época el vital líquido se usa el doble, y también cumplir con la demanda de conexiones futura. En la foto del crédito aparecen los Sres. Jorge y Serapio, quienes son los encargados de esta aguatería, y quienes estan dando todo de si en esa proyecto y quienes aparecen como firmantes del crédito.
More information about this loan
This loan will help fund a new product Fundación Paraguaya has launched called "Ikatu Agua" that will enable people in remote communities to dig wells, build pipelines and install water meters to expand access to clean drinking water. Loans like these are given to sanitation boards, which represent their entire communities. These groups contract builders and oversee construction of water distribution systems, while collecting repayments from impacted community members. These repayments are pooled and returned to Kiva to be credited to lenders.
About Fundación ParaguayaFundación 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.
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This loan has been fully funded!