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Santa Barbara Group
In this Group: Maria, Manuela, Silvia, Catalina, Elva, Sonia, Patrocinia, Martina, Severiana, Luciana, Rafaela, Elena, Olga, Ysabel*, Herminia*
* not pictured
The Santa Barbara communal bank was formed through the coming together of several neighbors in the city of Santaní. They are from an area that is quite a distance from that growing city. All of them work in agriculture, such as the raising and sale of farmyard animals.

One of them is Luciana, and she raises animals such as chickens, pigs, ducks and others, striving day by day to improve her living conditions and those of her family.

Luciana is requesting this loan so that she can buy balanced feed and keep raising the animals she has. She is grateful for the opportunity she is receiving to continue growing.
View original language description ↓
El comité Santa Barbara se formó con la unión de varias vecinas de la ciudad de Santaní, ellas son de una zona bastante alejada de esa ciudad, que aún está en crecimiento.
Todas ellas se dedican a actividades rurales, como ser la cría y venta de animales de corral. Una de ellas es Luciana, ella cría animales como ser gallinas, cerdos, patos y demás, día a día lucha por poder mejorar sus condiciones de vida y la de su familia.
Luciana pide este préstamo para poder comprar balanceados para seguir criando los animales que tiene. Agradece por la oportunidad que está recibiendo de seguir creciendo.

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
  • 71
    View loans »
    Paraguay Loans Fundraising
  • $27,639,150
    Funds lent in using Kiva
  • 4,463.0
    Paraguay Guarani (PYG) = $1 USD

Success!! The loan was 100% repaid

A portion of Santa Barbara Group's $3,825 loan helped a member to buy balanced feed for animals.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Mar 11, 2014
Listed
Apr 21, 2014
Currency Exchange Loss:
Possible
Ended:
Oct 17, 2014