Check out some available loans that are similar to this one!
Santa Luisa Group
In this Group: Elsa, Maria, Ana, Saturnina, Gloria, Vidalina, Feliciana, Francisca, Vicenta, Valeriana, Jorgelina, Maria, Maria, Myrian, Lucila, Guillermina, Sara, Lilian, Felicia, Maria*
* not pictured
The group named “Santa Luisa” is in its second loan cycle with the Women’s Committee Program. The members are from the city of Curuguaty, an area that is growing since it is a new district. For this reason, the members of this group want to keep growing so that they can make their area a better place to live. They are progressing gradually.

Sra. Vidalina is one of the members. She has a business where she works every day, beginning in the early morning hours. Vidalina works on behalf of her family in order to provide them everything that she was not able to have so that they don’t feel deprived. She has a well-stocked food pantry that she established through great sacrifice and effort. Today it serves as the source of income for her family. As time passes and with the help of Fundación Paraguaya, she wants to grow and improve her living conditions.

Vidalina is requesting a loan in order to buy inventory for her food pantry such as vegetables, meat, beverages, fruit, dairy products, and other products. With determination and effort, she can continue to improve her life.
View original language description ↓
El grupo Santa Luisa está en su ciclo número 2 del programa de comité de mujeres, es de la ciudad de Curuguaty, la cual es una zona que aun se encuentra en crecimiento es un nuevo Distrito. Por lo que las integrantes de este grupo quieren luchar por ir creciendo y dar a la zona donde viven un mejor ambiente y que vayan creciendo lentamente.
La Sra. Vidalina es una de las integrantes, ella tiene un negocio donde todos los días trabaja desde muy tempranas horas, ella lucha por su familia para poder darles todo lo que no pudo tener, y que no tengan que pasar por necesidades. Vidalina tiene una despensa bien surtida que monto con mucho sacrificio y esfuerzo, y que hoy es el sostén de la familia de ella. Desea que conforme pase el tiempo, y por medio de la ayuda de la fundación pueda crecer y mejorar sus condiciones de vida.
Solicita de este préstamo para poder comprar insumos para su despensa, como verduras, carne, bebidas, frutas, lácteos y demás ya que de esa forma podrá seguir con su lucha y esfuerzo por mejorar sus vidas.

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.

Tags

About Paraguay

  • $8,400
    Average annual income
  • 74
    View loans »
    Paraguay Loans Fundraising
  • $30,816,725
    Funds lent in using Kiva
  • 4,224.0
    Paraguay Guarani (PYG) = $1 USD
Ended with Loss - Currency Exchange Loss learn more
A portion of Santa Luisa Group's $4,700 loan helped a member to buy vegetables, meat, beverages, fruit, dairy products, and other products.
99% repaid
Repayment Term
9 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jun 24, 2014
Listed
Jul 29, 2014
Currency Exchange Loss:
Possible
Ended:
Feb 20, 2015