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San Expedito Group
In this Group: Maria, Maria, Lucilda, Florentina, Joséfa, Juana, Lujana, Rosa, Rafaela, Fulvia, Mari, Miguelina, Gladys*, Eladia*, Maria*
* not pictured
The group San Expedito is in its fifth cycle and has fifteen group members. The members are from the city of Santaní, a city that is far away and in the stages of development. They have very limited access to media and communication.

The featured group member is Juana, who makes a living raising and selling farm animals, like chickens, pigs, and others. She says that this work strengthens her in moving forward, and that she wants her family to be able to have everything that she could not.

She is requesting a loan to buy animal food, including a type of corn to feed and fatten her animals so that she can then sell them from her home. She is a very enterprising woman with a lot of team spirit. She always encourages her group members to work in a united way.
View original language description ↓
El comité San Expedito están en el 5to Ciclo con 15 integrantes, son de la ciudad de Santaní, una ciudad muy alejada, que esta en vías de desarrollo, tienen muy escaso acceso a los medios de comunicación.
Una de las integrantes la señora Juana quien se dedica a criar animales de corral y a venderlos, como ser gallinas, cerdos, y demás. Cuenta que está esforzándose por salir adelante y quiere que su familia pueda tener todo lo que ella no pudo.
Solicita el crédito para la compra de balanceados, maíz para cría y engorde de sus animales y los vende desde su propia casa. Ella es una señora muy emprendedora que día a día aporta su compañerismo e incita a las compañeras a trabajar de manera solidaria.

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
  • $28,869,725
    Funds lent in using Kiva
  • 4,433.0
    Paraguay Guarani (PYG) = $1 USD

Success!! The loan was 100% repaid

A portion of San Expedito Group's $2,600 loan helped a member to buy animal food, including a type of corn to feed and fatten her animals.
100% repaid
Repayment Term
9 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Aug 27, 2013
Listed
Sep 27, 2013
Currency Exchange Loss:
Covered
Ended:
May 22, 2014