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La Alegria Group
In this Group: Avelina, Amalia, Zulma, Guillermina, Fermina, Casimira, Yenny, Virginia, Alice, Cinthia, Silveria, Maria, Liz , Dalila, Nadia*, Antonia*
* not pictured
The Alegria (Happiness) group was formed more than two years ago by several women. They joined together to support one another. They met while working at their various jobs. Each group member is hopeful about improving the quality of her life especially in the areas of housing and nutrition.

One of them is Sra. Avelina who is a hairdresser. She runs a salon in her home. As a young woman, she took a hairdressing course and now has many clients. She is very happy with what she does since it allows her to support her family and most importantly, provide them with food.

Avelina now wants to improve the service she offers by buying a more comfortable hairdresser’s chair which can be used for hair washing and other hair treatments. She is asking for a loan to buy such a chair. She is grateful to Kiva partner Fundación Paraguaya for this opportunity.
View original language description ↓
El comité LA ALEGRIA se formó hace más de dos años mediante la gestión varias señoras y sigue unido mediante el apoyo de todas las integrantes que se encuentran trabajando cada una realizando sus actividades.
Cada una de las señoras se encuentra con mucha esperanza de mejorar su calidad de vida (Vivienda, alimentación) mediante el trabajo que cada una realiza.
Una de las integrantes es la señora Avelina quien es peluquera, y trabaja desde su casa en un salón. Ella estudio esta profesión siendo joven y actualmente ya cuenta con muchas clientas.
Ella esta muy conforme con su trabajo ya que mediante el puede mantener a su familia, alimentar especialmente.
Actualmente quiere mejorar su servicio y para ello desea comprar un sillón mas confortable para peluquería ya el mismo se usa para el lavado y otros mantenimientos para cabello.
Solicita el préstamo para concretar dicha idea y agradece a la Fundación Paraguaya por la oportunidad brindada.

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

  • $8,400
    Average annual income
  • 122
    View loans »
    Paraguay Loans Fundraising
  • $31,646,450
    Funds lent in using Kiva
  • 4,700.0
    Paraguay Guarani (PYG) = $1 USD

Success!! The loan was 100% repaid

A portion of La Alegria Group's $3,075 loan helped a member to buy a hairdresser's chair.
100% repaid
Repayment Term
6 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Apr 28, 2010
Listed
May 17, 2010
Currency Exchange Loss:
Covered
Ended:
Sep 15, 2010