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Sagrada Familia Group
In this Group: De Las Nieves, Francisca, Zunilda, Silvia, Inocencia, Claudia, Eresmilda, Zulma, Carmen, Maria, Delia, Celia, Edith, Elodia, Rosa, Sandra, Dariele*, Sandra*, Aida*
* not pictured
The group named "Sagrada Familia" (Sacred Family) is in its fifth loan cycle of the committee program. This group is from the city of Concepción, which is located slightly outside the district center and in the middle of a growth period. This area is mostly rural, but the members of the group want to grow and transform the area where they live into a better environment where they can keep growing.

Sra. De Las Nieves is one of the members and the president of the group. She motivates her fellow group members to work and improve. De Las Nieves has a small business where she sells assorted merchandise but she also offers reception supplies, inflatable bouncy houses, and a few accessories for children's parties. She is an enterprising individual who has done all types of work. As a result, she has been able to help her family and provide them with what they need so that they are not deprived.

De Las Nieves is requesting a loan so that she can buy various items to sell such as oil, soap, milk, cookies, and other products. She is grateful for the opportunity she has received.
View original language description ↓
El grupo llamado Sagrada Familia está en su ciclo número 5 del programa de comité, este grupo es de la ciudad de Concepción, la cual es una zona un poco alejada de la zona céntrica y aún se encuentra en crecimiento. Es una zona bien rural, 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.
La Sra. De Las Nieves es una de las integrantes, ella es la presidenta de este grupo, quien motiva a sus compañeras a poder trabajar y mejorar, tiene su pequeño negocio de ventas variadas, como también de recepción, globo loco y algunos accesorios para cumpleaños infantiles. Ella es una persona muy emprendedora, que hace todo tipo de trabajo, eso para poder ayudar a su familia y darles lo que necesitan y no tener que pasar por privaciones.
Pide este crédito para la compra de insumos varios para la venta, como aceite, jabones, leche, galletitas y demás. Esta agradecida por esta oportunidad que esta recibiendo.

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

  • $8,400
    Average annual income
  • 92
    View loans »
    Paraguay Loans Fundraising
  • $30,964,825
    Funds lent in using Kiva
  • 4,429.9
    Paraguay Guarani (PYG) = $1 USD

Success!! The loan was 100% repaid

A portion of Sagrada Familia Group's $5,425 loan helped a member to buy oil, soap, milk, cookies, and other products to sell.
100% repaid
Repayment Term
7 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Oct 15, 2013
Listed
Nov 21, 2013
Currency Exchange Loss:
Possible
Ended:
Apr 16, 2014