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San Ignacio Group
In this Group: Teodolina, Ada, Gladys, Lourdes, Zunilda, Tomasa, Sixta, Liz, Hermelinda, Adela, Reinalda, Maria, Blasia, Ramona, Noelia, Maria, Nilsa*, Angelina*, Alicia
* not pictured
The group called San Ignacio is in its 1rst cycle in the women's committee program. All of them work and help each other to get ahead. It is a new group with a lot of enthusiasm and eagerness to get ahead.

Teodolina is one of the members of the group. She is also the president. She is asking for this loan to buy silver jewelry to sell, such as rings, bracelets, chains, pendants, hoops, etc. This way, she can increase her clientele and also generate more income for her family, thanks to the support offered by the foundation and Kiva.
View original language description ↓
El grupo llamado San Ignacio está en su ciclo número 1 del programa de comité de mujeres, donde todas trabajan y se ayudan para salir adelante, es un grupo nuevo que tiene mucho entusiasmo y ganas de salir adelante.
La Sra. Teodolina es una de las integrantes de este grupo, y demás es la presidenta, pide este préstamo para la compra de joyas de plata para su venta, como ser anillos, pulseras, cadenas, dijes, aros, etc., para que de esa manera pueda aumentar más su clientela y también pueda generar más ingresos en la familia, gracias al apoyo que le esta brindando la fundación y kiva pudiendo aumentar clientes.

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
  • 62
    View loans »
    Paraguay Loans Fundraising
  • $30,749,550
    Funds lent in using Kiva
  • 4,267.0
    Paraguay Guarani (PYG) = $1 USD
Ended with Loss - Currency Exchange Loss learn more
A portion of San Ignacio Group's $3,450 loan helped a member to buy rings, bracelets, chains, pendants, hoops, etc.
99% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jul 17, 2014
Listed
Aug 24, 2014
Currency Exchange Loss:
Possible
Ended:
Jan 17, 2015