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Chicas Lindas Group
In this Group: Francisca , Maria , Celina , Lucia, Norma, Maria, Ruth, Justina, Benita, Geronima , Mirian , Sandra, Catalina, Disel , Ceferina
The Chicas Lindas Communal Bank formed approximately one year ago. They are currently happily working with the activities they do. They will carry out activities in order to help. That way they help everyone to make the payments on the loans they receive from the Fundación Paraguaya.

For the individual incomes each one carries out an activity. One of these women is Francisca. She has a beauty salon, and she offers hairdressing services. She does very good work in her salon, and her shop is frequented by many customers. In order to offer her customers more she wants to buy a hairdresser’s chair. That is why she is requesting the loan.
View original language description ↓
El comité Chicas Lindas nace hace aproximadamente 1 año, y actualmente se encuentran trabajando muy conforme con las actividades que realizan.
Realizaran actividades para ayudar y asi se ayudadan entre todas para el pago de las cuotas de los créditos que reciben de la Fundación Paraguaya.
Para los ingresos individuales cada una realiza una actividad, una de las ellas es la señora Francisca quien tiene una peluqueria donde ofrece sus servicios de peluqueria.
Ella hace muy buenos trabajos en su salon es muy frecuentada por las clientas.
Para ofrecer mayor a sus clientas ella queire comprar un sillón para peluquería por lo que solicita el préstamo.

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
  • 128
    View loans »
    Paraguay Loans Fundraising
  • $31,646,375
    Funds lent in using Kiva
  • 4,720.0
    Paraguay Guarani (PYG) = $1 USD

Success!! The loan was 100% repaid

A portion of Chicas Lindas Group's $1,025 loan helped a member buy a hairdresser's chair and other tools.
100% repaid
Repayment Term
5 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
May 26, 2010
Listed
Jun 12, 2010
Currency Exchange Loss:
Covered
Ended:
Sep 15, 2010