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San Isidro Group
In this Group: Mary, Gladys, Benita, Liz*, Laura, Margarita, Victorina, Hilda, Raquel, Reimunda, María*, Gudelia*, Maria, Ursulina, Andrea
* not pictured

The committee is made up of 15 hard working women that product and sell Chipas (corn and cheese breads). The group is going through its 9th cycle of the program for women. Chipas is a traditional food for our country and it is very popular for consumers. Caaupe is a city that is traditionally known as a place where you can enjoy some of the best Chipas.



Of the 15 women, 13 sell Chipas, one has a butcher shop and the other sells clothing. They are all neighbours in the region of Gral. Diaz in the city of Caaupe.



With the loans that were acquired through the organization "Fundacion" they purchase ingredients to make Chipas. This time they saw great success in acquiring their ingredients because they all got together and they purchased in great quantities at wholesale prices, granting them significant savigns.



All of the members receive on average 973,000 gs. and they use the funds to invest in the production of their products, as described here above.



All of the members of the committee wish to thank the organization "Fundacion" for the support and for allowing them to be part of the women's program. Currently the committee has an objective to achieve greater sales in these months up to December 8, which is the Patron celebration of Caaupe. During this time the city receives more than 1 million visitors, which translates in a significatn potential for clients. The way to secure a good sales period is to maintain quality in their product but at the same time increase their production. Mary Colman was the speaker.



Todas las integrantes del comité agradecen a la Fundación por el apoyo y por permitirle ser parte del programa comité de mujeres, actualmente el comité tiene como objetivo lograr la mayor cantidad de venta en estos meses próximos al 8 de Diciembre, que es la fecha de la fiesta patronal en Caacupé, y la ciudad recibe a mas de un millón de visitantes, por lo que hay un potencial importante de clientes y la manera de obtener buena venta es manteniendo la calidad y aumentando la producción, manifiesta la señora Mary Colman.

View original language description ↓
El comité está compuesto por 15 señoras trabajadoras que se dedican a la elaboración y venta de chipas, actualmente el grupo ya está en su 9 ciclo del programa comité de mujeres. La chipa es una comida típica de nuestro país que es bastante consumido, una de las ciudades más tradicionales en donde se puede disfrutar de las mejores chipas es en Caacupé.


De las 15 señoras, 13 se dedican a la venta de chipas, una posee una carnicería y la otra, venta de ropas, todas son vecinas del barrio Gral. Díaz de la ciudad de Caaupé.


Con los préstamos que obtuvieron de la Fundación compraron las materias prima necesarias para elaborar chipas, en esta ocasión tuvieron éxito en la adquisición de sus productos debido a que se juntaron todas y compraron en cantidad a precio mayorista por lo que obtuvieron importantes descuentos.


Todas las integrantes reciben un promedio de gs. 973.000 y lo invierten para la producción de sus productos descriptos más arriba.


Todas las integrantes del comité agradecen a la Fundación por el apoyo y por permitirle ser parte del programa comité de mujeres, actualmente el comité tiene como objetivo lograr la mayor cantidad de venta en estos meses próximos al 8 de Diciembre, que es la fecha de la fiesta patronal en Caacupé, y la ciudad recibe a mas de un millón de visitantes, por lo que hay un potencial importante de clientes y la manera de obtener buena venta es manteniendo la calidad y aumentando la producción, manifiesta la señora Mary Colman.

Additional Information

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
  • 79
    View loans »
    Paraguay Loans Fundraising
  • $29,572,900
    Funds lent in using Kiva
  • 3,970.0
    Paraguay Guarani (PYG) = $1 USD

Success!! The loan was 100% repaid

A portion of San Isidro Group's $3,700 loan helped a member to purchase ingredients to produce Chipas, such as: starch, cheese, vegetable oil. Other women purchased clothing for ladies, men, and children etc.
100% repaid
Repayment Term
6 months (Additional Information)
Repayment Schedule
Monthly
Disbursed:
Nov 21, 2008
Listed
Nov 1, 2008
Currency Exchange Loss:
Covered
Ended:
Apr 15, 2009