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San Cayetano 2 Group
In this Group: Estela, Nilsa, Lina, Maria, Julia, Mariina, Elva, Clara, Pabla, Maria, Nimia, Alejandra, Maria, Geronima, Marta, Odila*, Ramona*, Natalia*
* not pictured
The “San Cayetano 2” communal bank was formed as a group from various neighbors in the city of Itacurubi del Rosario. All the members of the group are involved in rural activities. They are from a place with poor access and they struggle to get ahead.

Estela is the president of the group. She raises farm animals such as chickens, ducks, pigs etc. She is a fighter who wants to get ahead and improve the life of her family. She is requesting this loan to invest it in buying balanced feed and in this way be able to continue raising animals and fighting for her family.
View original language description ↓
El comité “San Cayetano 2” se formó con la unión de varias vecinas de la ciudad de Itacurubi del Rosario. Todas las integrantes del comité desarrollan actividades eminentemente rurales. Ellas son de lugares lejanos de difícil acceso y que están luchando por salir adelante.
Estela es la presidenta de este grupo, ella se dedica a una actividad rural, la que es la cría de animales de corral, como ser gallinas, patos, cerdos y demás. Es una persona muy luchadora que quiere salir adelante e ir mejorando su vida y la de su familia.
Solicita de este crédito para poder invertirlo en la compra de balanceados, y de esa forma poder seguir con la cría de sus animales y luchar por su familia.

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
  • 58
    View loans »
    Paraguay Loans Fundraising
  • $28,869,750
    Funds lent in using Kiva
  • 4,444.8
    Paraguay Guarani (PYG) = $1 USD

Success!! The loan was 100% repaid

A portion of San Cayetano 2 Group's $3,025 loan helped a member to buy balanced feed for animals.
100% repaid
Repayment Term
9 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Aug 21, 2013
Listed
Sep 23, 2013
Currency Exchange Loss:
Covered
Ended:
Mar 17, 2014