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Santa Elena Group
In this Group: Angela, Silvina, Felia, Nilda, Felida, Teodorina, Sonia, Ermida, Emilce, Apolinaria, Flora, Delosanta, Lorenza, Silvia, Liza
Santa Elena is a very united group, where every one of them works with the intention of generating help for their families and also to help each other. They do work as a team. Between them they organize activities where they can help each other for the good of the group and benefit everyone.

One of the group members is Angela, who works and has a desire to improve. She works to achieve her objectives in making traditional craft products. She wants to improve production and earn more profits. She has an interest and dedication to her work to be able to meet her household expenses and the agreement she has with her group.

Angela is requesting this loan to purchase materials to make her crafts, such as fabric, thread, needles, and other items. This will help her improve her income and help the progress of each group member.
View original language description ↓
Santa Elena es un grupo muy unido, donde cada una de ellas trabaja con la intención de generar una ayuda a sus familias y también para ayudarse las unas a las otras.
Se destaca el trabajo en equipo, entre ellas organizan actividades en donde se ayudan entre todas para el bien del grupo y ser beneficiadas cada una.
Una de las integrantes es la Sra. Angela quien a través del trabajo y deseo de superación se esmera en trabajar para lograr sus objetivos en la elaboración de los productos artesanales para lograr mayor producción y mejor ganancia, ella demuestra interés y dedicación en su trabajo para poder solventar los gastos de la casa y con el compromiso que tiene con su grupo.
La Sra. Angela solicita de este préstamo para la compra de sus insumos para hacer sus respectivas artesanías, como ser telas, hilos, agujas y demás, el cual le ayudará a mejorar sus ingresos y para el progreso de cada una de ellas.

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.

Tags

About Paraguay

  • $8,400
    Average annual income
  • 93
    View loans »
    Paraguay Loans Fundraising
  • $31,419,450
    Funds lent in using Kiva
  • 4,418.0
    Paraguay Guarani (PYG) = $1 USD

Success!! The loan was 100% repaid

A portion of Santa Elena Group's $3,475 loan helped a member to purchase fabric, thread, needles, and other items.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Feb 13, 2014
Listed
Mar 27, 2014
Currency Exchange Loss:
Possible
Ended:
Sep 17, 2014