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San Francisco Group
In this Group: Elba, Sonia, Arsenia, Viviana, Benedigta, Antolina, Marina, Margarita, Alba, Filina, Fulgencia, Julia, Alias, Adili, Blanca
San Francisco Communal Bank is in its fourth loan cycle with the women's bank program. All of them work and have jobs that generate income and help them have a better quality of life. They're women who want to improve their living conditions, their finances, and the well-being of each individual.

One of the members is Sonia, an artisan who makes handicrafts. She supports herself by working constantly with the help of her children. Her goal is to earn more money.

Sonia's improving her situation and quality of life. She values her own effort because that's how she's making progress at home. Sonia said she sells her work as a street vendor and she takes orders. As part of the communal bank, she's striving for her objectives and motivating the members with ideas and business practices to be able to fight and overcome poverty.

Sonia's requesting this loan to buy fabric, thread, needles, and other materials to make her artisanal products so she can increase her income.
View original language description ↓
El comité San Francisco está en su ciclo 4º del programa de comité de mujeres, donde todas trabajan, y tienen sus actividades que le generan ingresos y que les ayuda para una mejor calidad de vida.
Son mujeres que tienen ganas y deseos de mejorar la situación de vida tanto en el ámbito económico como así también en el bienestar de ellas en forma individual.
Una de las integrantes es la Sra. Sonia, ella es artesana, elabora artículos artesanales, se mantiene con una actitud de seguir trabajando de manera constante con la ayuda de sus hijos teniendo como propósito ganar más dinero. Ella se encuentra mejorando su situación y calidad de vida, valora su propio esfuerzo ya que mediante eso ella está notando el progreso dentro de su hogar, teniendo como propósito aumentar sus ingresos. Entre el trabajo que ella hace cuenta que se dedica a la venta de forma ambulante y por pedidos, ella por forma parte del comité, está luchando por los objetivos que desea alcanzar, se les incentiva con ideas y técnicas de negocios para poder luchar y superar la pobreza.
La Sra. Sonia solicita este préstamo para la compra de sus artículos para la elaboración de sus productos artesanales, como ser telas, hilos, agujas y demás, con la intención y búsqueda de aumentar sus ingresos.

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

  • $4,555
    Average annual income
  • 82
    View loans »
    Paraguay Loans Fundraising
  • $29,572,925
    Funds lent in using Kiva
  • 4,439.0
    Paraguay Guarani (PYG) = $1 USD

Success!! The loan was 100% repaid

A portion of San Francisco Group's $2,825 loan helped a member to buy fabric, thread, needles, and other supplies to make crafts.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Feb 18, 2014
Listed
Mar 24, 2014
Currency Exchange Loss:
Possible
Ended:
Sep 17, 2014