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Santisima Cruz Group
In this Group: Mariana, Ignacia, Juana, Lidia, Sara, Maria, Nilda, Mirta, Marta, Gladys, Delfina, Celeste, Gloria, María*, Aurelia*
* not pictured
Santísima Cruz (Holy Cross) is a group currently working the first cycle of the women Committee’s program. These fifteen women are working to improve their lives in order to succeeding in granting a dignified life to their families.
Gladys is an exemplary fighter: she runs a small and well-furnished store located in her house, and thanks to this activity she helps her family by providing them with what they need. She is a very hardworking woman who has succeeded in enduring and facing her daily difficulties.
She is requesting a loan to buy vegetables, dairy products, soft drinks, meat and other articles, as through this purchase she will succeed in carrying her activity out as well as in carrying on with the plans she has for her activity.
View original language description ↓
El grupo llamado (Santísima Cruz) está en su ciclo número uno del programa de comité de mujeres, las quince se encuentran trabajando para mejorar sus vidas, y de esa forma también poder dar a sus familias una vida digna.
Un ejemplo de lucha es la Sra. Gladys, quien tiene una despensa bien surtida en su casa y con ello ayuda a su familia y tiene los medios para darles lo que necesitan. Es una persona muy trabajadora que pese a los problemas del día a día ha podido sobrellevarlos.
Solicita de este crédito para poder invertirlos en la compra de verduras, lácteos, bebidas, carnes y demás insumos, ya que con eso podrá seguir con sus ventas y su plan de negocios.

Additional Information

More information about this loan

This loan is part of the innovative “Poverty Stoplight” program developed by Fundación Paraguaya for women living in poverty. A “stoplight” measurement tool is used to help borrowers self-identify the type of poverty that affects them most (lack of income, dearth of financial opportunities, poor living conditions etc.). Borrowers rate 50 areas of their life as green (not poor), yellow (poor) or red (extremely poor). Together with their loan officer, they come up with a plan to resolve yellow and red indicators. Through this program, Fundación Paraguaya hopes to lift 9,000 women and their families out of poverty by 2017.

To learn more about this unique approach to eliminating poverty, you can read this article on Fundación Paraguaya’s website.

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

  • $8,400
    Average annual income
  • 46
    View loans »
    Paraguay Loans Fundraising
  • $37,911,075
    Funds lent in using Kiva
  • 4,012.4
    Paraguay Guarani (PYG) = $1 USD

Success!! The loan was 100% repaid

A portion of Santisima Cruz Group's $2,075 loan helped a member to buy vegetables, dairy products, soft drinks, meat.
100% repaid
Repayment Term
5 months (Additional Information)
Repayment Schedule
Feb 15, 2013
Mar 19, 2013
Currency Exchange Loss:
Jun 17, 2013