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Mujeres En Progreso Group
In this Group: Fermina, Perla, Irma, Ramona, Maximina, Laura , Mary , Mirta, Eustaquia , Patrocinia , Adriana, Mariela, Dominga, Maria, Corolina*
* not pictured
The Santo Domingo group emerged through promotions in the area. All of the women engage in productive activities like a kiosk, beauty salon, snack bar, selling food as a street vendor, selling clothes, and selling handicrafts. Each one is very satisfied with the work they do. They feel very committed to their communal bank.

The women comment that through their work with the communal bank they are able to leave their daily routines in their houses. This makes them feel very good. Also, all of them are learning new things like how to make a plan, a budget, and savings. They are grateful for the trainings and the loans they receive.

Fermina is one of the members. She has been a hairdresser for several years. She studied this profession when she was very young. After a few years she was able to open her own salon. At first she just rented. After getting married she was able to open in her house, where she still waits on her customers. Her customers really admire her work, and they constantly request her services.

She is grateful for the loan. She will use it to improve customer service by purchasing dryers and other work tools.
View original language description ↓
Este grupo de Santo Domingo surgió por promociones realizadas en la zona . Todas las señoras realizan actividades productivas como ser : kiosko, peluquería, copetín, venta de mercaderías comestibles en forma ambulante, venta de ropas, venta de trabajos artesanales y manuales, cada una se siente muy satisfecha con el trabajo que vienen realizando y se sienten muy comprometidas con el comité que todas integran.
Las señoras comentan que mediante esta actividad que realizan con el comité ellas pueden salir de la rutina de cada día que las mismas llevan en sus casas, y eso les hace sentir muy bien, ademas todas aprenden cosas nuevas como hacer una planificación, presupuesto y ahorros. Ellas agradecen por las capacitaciones y los créditos que reciben.
Una de la integrantes es la señora Fermina, ella es peluquera hace vaR. años, estudio esta profesión muy joven, y luego de unos años pudo abrir su propio salón, en un primer momento solo alquilaba, luego de casarse pudo abrir en su casa donde hasta ahora tiene atiende a sus clientas.
Los trabajos que ella realiza son muy admiradas por sus clientas, quienes constantemente solicitan su servicios.
Ella agradece el crédito ya que lo destinará en la mejora de las atenciones de sus clientes comprando secadoras, y otras herramientas de trabajo.

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.

About Paraguay

  • $4,555
    Average annual income
  • 67
    View loans »
    Paraguay Loans Fundraising
  • $30,204,950
    Funds lent in using Kiva
  • 4,648.8
    Paraguay Guarani (PYG) = $1 USD

Success!! The loan was 100% repaid

A portion of Mujeres En Progreso Group's $2,750 loan helped a member buy dryers and creams for her hair salon.
100% repaid
Repayment Term
6 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Feb 18, 2010
Listed
Mar 16, 2010
Currency Exchange Loss:
Covered
Ended:
Jul 15, 2010