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Aguatería Saguazu Group
In this Group: Alicio, Manuel, Miguel
The Saguazu Water Supply is in a rural zone in the city of Paraguarí. The neighbors joined together with much sacrifice for this purpose seeing the need they had for potable water and because of the drought that existed back then. They started out initially over ten years ago with 20 users and it currently provides service to 180 families including neighboring rural communities.

Alicio, 55, is president of the Saguazu Drainage Board and Miguel, the vice-president and Manuel, the treasurer of the commission will be co-signing with him.

They will use the loan to buy a transformer in order to use the tank.
View original language description ↓
La Aguatería Saguazu está en la ciudad de Paraguarí, en una zona rural, con mucho sacrificio se organizaron entre los vecinos para dicho fin, viendo la necesidad de contar con agua potable, y por sequía reinante en aquella época, primeramente empezaron con 20 usuarios, hace más de 10 años, actualmente presta sus servicios a 180 familias abarcando las comunidades rurales vecinas.
Alicio tiene 55 años es presidente de la comisión de la Junta de Saneamiento de Saguazu, firman con él, Miguel el Vice Presidente y el sr Manuel tesorero de la comisión.
El crédito lo solicitan para la compra de un trasformador para utilizar en el tanque.

Additional Information

More information about this loan

This loan will help fund a new product Fundación Paraguaya has launched called "Ikatu Agua" that will enable people in remote communities to dig wells, build pipelines and install water meters to expand access to clean drinking water. Loans like these are given to sanitation boards, which represent their entire communities. These groups contract builders and oversee construction of water distribution systems, while collecting repayments from impacted community members. These repayments are pooled and returned to Kiva to be credited to lenders.

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

  • $8,400
    Average annual income
  • 110
    View loans »
    Paraguay Loans Fundraising
  • $31,646,475
    Funds lent in using Kiva
  • 4,457.0
    Paraguay Guarani (PYG) = $1 USD

Success!! The loan was 100% repaid

A portion of Aguatería Saguazu Group's $1,000 loan helped a member to buy a transformer.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Sep 24, 2013
Listed
Oct 28, 2013
Currency Exchange Loss:
Possible
Ended:
Nov 17, 2014