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6 De Enero Group
In this Group: Mirian Asuncion, Gloria, Eduarda , Vicenta , Lilia , Mirian , Nimia , Graciela , Alba , Delfina , Evaldina , Irma , Gregoria , Cynthia , Antolina *, Bernardita *, Mariana *
* not pictured
17 women from Ciudad del Este have come together with the intention of helping one another by working as a team. They are all fighting and hardworking women who make an effort day after day to give the best to their families. The group is currently in its third loan cycle of the foundation's program for enterprising women.

One of the members is Gloria, who works in hairstyling. She tells us that she always has a lot of customers thanks to the attentiveness she gives them. Thanks to her business she's been able to get ahead and help her family. She wants to be able to continue growing and this is why she always tries hard. She's asking for a loan to buy shampoo, rinses, hair dyes, hairspray, and other supplies necessary for her business.
View original language description ↓
17 mujeres de Ciudad del Este se han unido con el propósito de ayudarse las unas a las otras por medio del trabajo en equipo. Todas son mujeres luchadoras y muy trabajadoras, que se esfuerzan día a día por darle lo mejor a sus familias. El grupo actualmente se encuentra en el tercer ciclo del programa de mujeres emprendedoras de la fundación.
Una de las miembros es Gloria, quien se dedica a la peluquería, nos comenta que siempre esta con muchos clientes gracias a la buena atención que les brinda. Gracias a su negocio ella ha podido salir adelante y ayudar a su familia. Ella desea poder seguir creciendo y es por ello que siempre se esfuerza.
Ella solicita el crédito para la compra de Shampoo, enjuagues, tintes para pelos, spray y demás insumos necesarios para su negocio.

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
  • 45
    View loans »
    Paraguay Loans Fundraising
  • $28,281,050
    Funds lent in using Kiva
  • 4,435.0
    Paraguay Guarani (PYG) = $1 USD

Success!! The loan was 100% repaid

A portion of 6 De Enero Group's $3,300 loan helped a member to buy shampoo, rinses, hair dyes, hairspray, and other supplies.
100% repaid
Repayment Term
5 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Nov 18, 2011
Listed
Dec 19, 2011
Currency Exchange Loss:
Covered
Ended:
Mar 15, 2012