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Barrio Alegre Group
In this Group: Dora , Julia , Maria , Estela , Maria , Lorenza , Liz , Nazaria , Wilma *, Andresa *
* not pictured
The "Barrio Alegre" [Happy Neighborhood] committee came about as a result of advertising done in the members' neighborhood. All the members are from the same area, neighbors and acquaintances of the area. They each share the objective of working, helping create a spirit of mutual support, and arriving at the program's highest level.

Ms. Dora is the group's chair. She earns a living in commerce and in her free time works as a beauty salon employee. She wishes to progress with Fundación Paraguaya and hopes the group may be strengthened day by day. She asserts that she is quite happy in her committee and expects many additional benefits as the Foundation is offering them on a regular basis.

She seeks a loan in order to purchase supplies for the beauty salon, such as shampoo, rinses, hair coloring, nail polish and other items. They all appreciate the opportunity that has been given them.
View original language description ↓
El comité "Barrio Alegre" se originó a traves de promociones que se hicieron en el barrio de las miembros. Todas las integrantes son de la misma zona, conocidas y vecinas del barrio.El objetivo de cada de una de ellas es trabajar, fomentar el espiritu solidario y llegar al nivel máximo del programa.
La sra Dora es Presidenta del grupo, ella se dedica al comercio y en su hora libre se desempeña como peluquera funcionaria. Su deseo es progresar con la Fundación Paraguaya y que el grupo se vaya fortaleciendo cada día más, manifiesta que se siente muy a gusto en su comité y espera muchos beneficio más que la Fundación le están ofreciendo continuamente.
Ella solicita el crédito para la compra de insumos para su peluquería, como ser shampoo, enjuagues, tintes, esmaltes y demás. Agradecen todas ellas por la oportunidad que les han dado.

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
  • 94
    View loans »
    Paraguay Loans Fundraising
  • $31,365,875
    Funds lent in using Kiva
  • 4,370.0
    Paraguay Guarani (PYG) = $1 USD

Success!! The loan was 100% repaid

A portion of Barrio Alegre Group's $1,850 loan helped a member to purchase supplies for her work at a hair salon.
100% repaid
Repayment Term
9 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jan 31, 2012
Listed
Feb 29, 2012
Currency Exchange Loss:
Covered
Ended:
Sep 15, 2012