Check out some available loans that are similar to this one!
San Arnoldo Group
In this Group: María, Mirna, Violeta, Silveria, Julia, Felicita, Laura, Lidia, Marcelina, Ylda, Dolly, Gabina, Marineides, Lilia, Higinia, Gloria, Laurinda, Georgina*
* not pictured
The group called “San Arnoldo” is in its 4th cycle in the women’s committee program. It’s from the city of Curuguaty which is in a zone that’s not too far from the central zone and that’s in a growing phase which is why the members of this group want to strive to grow and to give the area they live in a better environment so that they can grow slowly.

María is part of this group. She has a well-stocked grocery store that she was able to set up with much effort. She comments that it was difficult at first but later on it gradually took root and improved; today her clientele is very good.

She requested this loan to buy stock like vegetables, beverages, meat, cleaning supplies, etc. for her store. She’s grateful for this growth and improvement opportunity she’s receiving.
View original language description ↓
El grupo llamado San Arnoldo está en el cuarto ciclo programa de comité de mujeres, es de la ciudad de Curuguaty, la cual es una zona no muy alejada de la zona céntrica y se encuentra en crecimiento, por lo que las integrantes de este grupo quieren luchar por ir creciendo y dar a la zona donde viven un mejor ambiente y que vayan creciendo lentamente.
La Sra. María es parte de este grupo, ella tiene una despensa bien surtida, que con mucho trabajo y esfuerzo pudo montar. Comenta que al principio le costó un poco, pero después poco a poco se fue afianzando y mejorando, y hoy ya tiene muy buena clientela.
Solicitó de este crédito para poder invertirlo en la compra de insumos para su despensa, como ser verduras, bebidas, carne, artículos de limpieza y demás. Agradece por esta oportunidad que recibe de crecer y mejorar.

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
  • 85
    View loans »
    Paraguay Loans Fundraising
  • $29,572,925
    Funds lent in using Kiva
  • 4,445.0
    Paraguay Guarani (PYG) = $1 USD

Success!! The loan was 100% repaid

A portion of San Arnoldo Group's $3,850 loan helped a member to buy stock merchandise for her store.
100% repaid
Repayment Term
9 months (Additional Information)
Repayment Schedule
Irregularly
Pre-Disbursed:
Sep 20, 2013
Listed
Oct 22, 2013
Currency Exchange Loss:
Possible
Ended:
May 22, 2014