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Mujeres Alegres Group
In this Group: Blanca, Eugenia, Silvia, María, Lourdes, Elvira, Rosalina, María Victoria, Margarita, Lourdes, Ramona , Verónica, Marcelina, Adelina, Carolina, María Esther, María Elena*
* not pictured
The Committee Mujeres Alegres from San Ignacio, Misiones, is dedicated to raising chickens. With this 2nd level loan, they expect to be working together and helping one another to improve their quality of life and their families.

Mrs. Carolina A. is undertaking the business of raising chickens, so credit needs to be available to provide all the necessary supplies, such as food for the chicks and materials to build the corral. She wants to progress and get her family out of poverty.

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
  • 17
    View loans »
    Paraguay Loans Fundraising
  • $29,459,275
    Funds lent in using Kiva
  • 4,580.0
    Paraguay Guarani (PYG) = $1 USD

Success!! The loan was 100% repaid

A portion of Mujeres Alegres Group's $1,775 loan helped a member buying chicks, chicken feed and veterinary drugs.
100% repaid
Repayment Term
6 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jan 25, 2011
Listed
Feb 12, 2011
Currency Exchange Loss:
Covered
Ended:
Jun 15, 2011