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Las Roseñas Group
In this Group: Victorina, Julia , Mercedes , Rosalba , Amelia , Albana , Pabla , Beridiana , Sonia , Delfina , Ignacia , Elvira , Claudelina
The women in the communal bank are from the city of Caacupé. They are very hard-working people. They are very grateful to the Fundación because, thanks to the ease of getting the loans, they are able to access them. This way some invest in their businesses, and others start a business activity. All of them wish to work and help their families.

The Las Roseñas communal bank started because of the promotions that were done in the members’ neighborhood. All of them are from the same zone. They are neighbors, and they know each other. This group’s objective is to foster an enterprising and supportive spirit in order to arrive at the highest level of the program.

Julia is one of the members. She tells us that she has a beauty parlor. Thanks to her beauty parlor she is able to help at home. Life is harder each day, and thanks to her good service she has an established customer base. This helps her a lot.

She is requesting the loan to buy shampoo, conditioner, dyes, nail polish, and other indispensable supplies for her beauty shop. She, like her friends, is very grateful for this opportunity to make progress that the Fundación gives her.
View original language description ↓
El comité "Las Roseñas"se originó a traves de promociones que se realizaron en el barrio de las integrantes. Todas las ellas son de la misma zona, conocidas y vecinas. El objetivo de este grupo es fomentar el espíritu emprendedor y solidario para llegar al nivel máximo del programa.
La Sra. Julia es una de las integrantes, ella nos comenta que tiene una peluquería gracias a la cual ella puede ayudar en la casa, ya que la vida cada vez es más dura, cuenta que gracias a su buena atención ya tiene una clientela bien formada, lo cual la ayuda mucho.
Ella solicita el crédito para la compra de shampoo, enjuagues, tintes, esmaltes para uñas y demás insumos indispensables para su peluquería. Ella al igual que sus amigas están muy agradecidas por esta oportunidad de progreso que les da la fundación.

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
  • 92
    View loans »
    Paraguay Loans Fundraising
  • $31,557,250
    Funds lent in using Kiva
  • 4,415.0
    Paraguay Guarani (PYG) = $1 USD

Success!! The loan was 100% repaid

A portion of Las Roseñas Group's $2,300 loan helped a member to buy shampoo, conditioner, dyes, nail polish, and other supplies.
100% repaid
Repayment Term
6 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Oct 28, 2011
Listed
Nov 26, 2011
Currency Exchange Loss:
Covered
Ended:
Mar 15, 2012