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San Francisco Group
In this Group: Luz, Noelia, Clotilde, Juana, Elisa, Crispina, Eduarda, Benicia, Aidee, Lida, Modesta, Clara, Loida, Amanda, Lorenza, Danila, Liliana, Nelida, Emilce, Vicenta*, Nilsa*, Cecilia*
* not pictured
The committee named “San Francisco” consists of several neighbors from the city of Santaní who joined together to form a group. They are from an area that is located far away from the central part of town. All of the members strive to improve their living conditions and those of their families. They live in an area that is still growing, but does not have decent access to security and education.

Elisa is one of the members who has a snack bar where she sells all types of products. She offers candies, snack foods, juices, and other types of products. Elisa is a hardworking and determined woman who has made great sacrifices in order to improve her living conditions and those of her family. She is requesting a loan in order to buy snack foods, juices, beverages, and other products. This will enable her to continue selling and striving toward better living conditions. She appreciates getting the opportunity to improve her income.
View original language description ↓
El comité San Francisco se formó con la unión de varias vecinas de la ciudad de Santaní, son de una zona bastante alejada de la zona céntrica, donde todas las integrantes luchan por poder mejorar sus condiciones de vida y las de su familia. Viven en una zona que aún está en crecimiento, y donde no tienen un buen acceso a seguridad y educación.
Elisa, es una de ellas, quien tiene un copetín, donde vende todo tipo de productos a la venta, ella vende golosinas, comestibles, jugos, y demás tipo de productos. Ella es una mujer muy trabajadora y luchadora que con gran sacrificio está luchando por mejorar sus condiciones de vida y la de su familia.
Elisa pide este préstamo para la compra de golosinas, jugos, bebidas, y demás productos, para que de esa forma siga vendiendo y luchando por mejorar sus condiciones de vida. Agradece por la oportunidad que está recibiendo de mejorar sus ingresos.

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.

About Paraguay

  • $4,555
    Average annual income
  • 57
    View loans »
    Paraguay Loans Fundraising
  • $28,922,650
    Funds lent in using Kiva
  • 4,442.1
    Paraguay Guarani (PYG) = $1 USD

Success!! The loan was 100% repaid

A portion of San Francisco Group's $5,025 loan helped a member to buy snack foods, juices, beverages, and other products to sell.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Mar 6, 2014
Listed
Apr 12, 2014
Currency Exchange Loss:
Possible
Ended:
Oct 17, 2014