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San Roque Group
In this Group: Margarita, Mariana, Lorena, Laura, Sonia, Liliana, Liz, Emesteria, Erma, Idalina, Soraida, Basilicia, Ramona, Lizzie, Dinelly, Elvira, Florentina
The group named “San Roque” is in its second loan cycle with the Women’s Committee Program. All of the members have committed to work and help one another so that they can get ahead. They have taken a poverty elimination survey, which indicated that three of the 17 women are below the poverty line. They receive constant training so that they can press forward together and grow as a group.

Mariana is one of the members who sells cosmetics. She is a very enthusiastic person who is striving to grow and improve. With the income she earns, she is able move forward. Mariana is requesting a loan in order to buy various cosmetics so that she can continue her sales. This will allow her to improve her living conditions. She is grateful for the opportunity she has received so that she can keep growing.
View original language description ↓
El grupo llamado “San Roque” está en su 2º ciclo del programa de comité de Mujeres, donde todas se comprometieron a trabajar y a ayudarse entre todas para salir adelante. Están haciendo la encuesta de eliminación de pobreza, donde 3 de los 17 Señoras se encuentran por debajo de la línea de pobreza. Realizan constantes capacitaciones para seguir unidas y crecer juntos.
Mariana es una de las integrantes, quien se dedica a la venta de cosméticos, ella es una persona muy entusiasta que con gran esfuerzo está creciendo y mejorando y por medio de los ingresos que tiene está saliendo adelante.
Pide este préstamo para la compra de cosméticos variados para poder seguir con sus ventas y de esa forma luchar por ir mejorando sus condiciones de vida. Agradece por esta oportunidad que está recibiendo para poder seguir creciendo.

Additional Information

More information about this loan

This loan is part of the innovative “Poverty Stoplight” program developed by Fundación Paraguaya for women living in poverty. A “stoplight” measurement tool is used to help borrowers self-identify the type of poverty that affects them most (lack of income, dearth of financial opportunities, poor living conditions etc.). Borrowers rate 50 areas of their life as green (not poor), yellow (poor) or red (extremely poor). Together with their loan officer, they come up with a plan to resolve yellow and red indicators. Through this program, Fundación Paraguaya hopes to lift 9,000 women and their families out of poverty by 2017.

To learn more about this unique approach to eliminating poverty, you can read this article on Fundación Paraguaya’s website.

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
  • 103
    View loans »
    Paraguay Loans Fundraising
  • $30,964,800
    Funds lent in using Kiva
  • 4,468.1
    Paraguay Guarani (PYG) = $1 USD

Success!! The loan was 100% repaid

A portion of San Roque Group's $3,450 loan helped a member to buy various cosmetics to sell.
100% repaid
Repayment Term
7 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jan 30, 2014
Listed
Mar 1, 2014
Currency Exchange Loss:
Possible
Ended:
Jul 17, 2014