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29 De Septiembre Group
In this Group: Francisca, Lidia, Nancy, Estanislaa, Marta, Isabel, Ilda, Mirian, María, Francisca, Sara, Placida, Gloria, Angela*, Verónica*
* not pictured
The 29 de Setiembre, group is in its fifth cycle in the Comité de Mujeres, in the Yasy Cañy community of the city of Curuguaty. This is a growing area that the members want to improve so that they can provide better security for their children.

Marta is one of the members and she’s a farmer who raises and sells corral animals and helps her family in this way. She says that it’s a lot of hard work, but she does it and knows that the only way to get ahead is through hard work and sacrifice.

She is asking for this support so that she can buy balanced feed for her animals and continue with her small rural business.
View original language description ↓
El grupo 29 de Setiembre, está en su ciclo número 5 del programa comité de mujeres, son de la comunidad de Yasy Cañy perteneciente a la ciudad de Curuguaty, una zona aun en crecimiento, que las integrantes quieren ir mejorando para dar mejor seguridad a sus hijos.
Una de las integrantes es la Sra. Marta, quien se dedica a una actividad agrícola, la cual es la cría y venta de animales de corral, y con esto esta ayudando a su familia. Comenta que es muy sacrificado, pero lo hace, y que sabe que la única forma de salir adelante es trabajando y esforzándose.
Ella solicita de este apoyo para poder comprar balanceados para sus animales y así seguir con su pequeño emprendimiento rural

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
  • 51
    View loans »
    Paraguay Loans Fundraising
  • $29,537,050
    Funds lent in using Kiva
  • 4,450.0
    Paraguay Guarani (PYG) = $1 USD

Success!! The loan was 100% repaid

A portion of 29 De Septiembre Group's $3,275 loan helped a member to buy feed.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Sep 17, 2013
Listed
Oct 20, 2013
Currency Exchange Loss:
Possible
Ended:
Apr 16, 2014