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San Cayetano Group
In this Group: Ana, Delia, Marciana, Marciana, Juana, Herminia, Nidia, Estanislaa, Marlene, Gloria, Zunilda, Liz, Lorena*, Silvia, Antonia, Ysa, Maria, Maria, Claudia, Maria
* not pictured
The committee “San Cayetano” formed with the union of various neighbors in the Santaní community, where all are putting their best effort forward in order to help their families. The are from a predominantly rural area, and the fight to be able to improve not only their economic situation, but that of their community.

Ana is one of the members. She sells various drinks and in this way earns an honorable living and she is fighting for her family in order to give them everything she couldn't have. She seeks this loan to be able to invest in buying various beverages to sell, such as soda pop, wine, beer, and other items.
View original language description ↓
El comité “San Cayetano” se formó con la unión de varias vecinas de la comunidad de Santaní, donde todas están poniendo su mayor esfuerzo para poder ayudar a sus familias. Ellas son de una zona eminentemente rural, que luchan por poder ir mejorando no solo su economía, sino también su comunidad.
Ana es una de las integrantes, que se dedica a la venta de bebidas varias y es así que se gana la vida dignamente y está luchando por su familia para poder darles todo lo que ella no pudo tener.
Pide este préstamo para poder invertirlo en la compra de bebidas varias para la venta, como ser gaseosas, vinos, cervezas y demás.

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.

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About Paraguay

  • $4,555
    Average annual income
  • 41
    View loans »
    Paraguay Loans Fundraising
  • $28,194,900
    Funds lent in using Kiva
  • 4,595.0
    Paraguay Guarani (PYG) = $1 USD

Success!! The loan was 100% repaid

A portion of San Cayetano Group's $3,325 loan helped a member to buy soda pop, wine, beer and other items.
100% repaid
Repayment Term
9 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Nov 22, 2013
Listed
Dec 25, 2013
Currency Exchange Loss:
Possible
Ended:
Jul 17, 2014