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Santa Elena Group
In this Group: Angela, Silvina, Felia, Nilda, Felida, Teodorina, Sonia, Ermida, Emilce, Apolinaria, Flora, Delosanta, Lorenza
The Santa Elena communal bank consists of hard-working women who work day after day to be able to have their own incomes.

One of the members of this group is Señora Felia, who works exclusively in handicrafts, since she makes bedspreads, blankets, and hammocks. Through her effort, continual work, and application of the life behaviors of a successful woman, she is improving her situation of poverty, but she is equally conscious that this work and the effort that she is making have to be continuous and permanent to achieve total success. She also comments that in addition to her handicrafts, she has added the sale of food, and thus she is improving her economic situation little by little.

Señora Felia is applying for this loan to purchase supplies for her food sales, such as meat, vegetables, rice, pasta, and other items, as well as materials for her handicrafts.

There are two additional people in the photo that are not taking out credit in this cycle, but they are still members of the group and have signed forms.
View original language description ↓
El comité Santa Elena está conformado por mujeres luchadoras que trabajan día a día para poder tener sus propios ingresos
Una de las integrantes es la Sra. Felia, que se dedica exclusivamente a la artesanía, ya que ella elabora colchas, frazadas, hamacas. Ella a través del esfuerzo y el trabajo continuo y la aplicaciones de los comportamientos vitales de una mujer exitosa, ella se encuentra mejorando su situación de pobreza, pero igualmente está consciente de que este trabajo y esfuerzo que está haciendo debe ser continuo y permanente para lograr un éxito total. Comenta también que además de sus artesanías ha añadido la venta de comestibles, y así está mejorando su economía poco a poco.
La Sra. Felia Solicita de este crédito para la compra de insumos para la venta de sus alimentos, como ser carne, verduras, arroz, fideo y demás, y también de materiales para sus artesanías.
Hay dos personas mas en la foto, ya que ellas dos en este ciclo no retiran crédito, pero si integran el grupo y firman.

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
  • 56
    View loans »
    Paraguay Loans Fundraising
  • $28,673,100
    Funds lent in using Kiva
  • 4,475.0
    Paraguay Guarani (PYG) = $1 USD

Success!! The loan was 100% repaid

A portion of Santa Elena Group's $1,850 loan helped a member to buy supplies to prepare food, such as meat, vegetables, rice, pasta, and other items, and also materials for her handicrafts.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Sep 16, 2013
Listed
Oct 18, 2013
Currency Exchange Loss:
Possible
Ended:
Mar 17, 2014