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La Alegria Group
In this Group: Sonia Mabel, Nilda , Maria , Ursulina , Baldovina , Ramona , Edelmira , Verena , Cirila , Lucia
Alegria [Happiness] is a group of 10 women from the city of Caacupé. These women want to move ahead and have a great entrepreneurial spirit. Their goal is to be able to work together and, by working as a team, to have a better lifestyle. They are now in their 3rd loan cycle with the Paraguayan foundation's communal bank for women.

Nilda, one of the members, describes herself as creative and hard working, with a great desire to succeed. She sells wood handicrafts that she makes. She tells us that her handicrafts are well known, as people truly appreciate them. Her skill has allowed her to get ahead. She can also help her family this way and meet their needs each day.

She is requesting this loan to buy wood, varnish, and tools to continue making her handicrafts.
View original language description ↓
La Alegria es el grupo formado por 10 mujeres formado en la ciudad de Caacupé. Son personas con muchas ganas de salir adelante, tienen un gran espíritu emprendedor, y su meta es poder trabajar juntas y por medio de ese trabajo en conjunto tener un mejor estilo de vida. Actualmente están en el ciclo 3 del programa de comité de mujeres de la fundación paraguaya.
Nilda, una de las miembros, se define como una persona muy creativa, trabajadora y con muchas ganas de salir adelante. Ella se dedica a la venta de artesanías en madera que ella hace y vende. Nos cuenta que sus artesanías son muy reconocidas ya que las personas lo aprecian mucho. Gracias a su habilidad es que ella ha podido salir adelante y ayudar a su familia, y de esa forma darles lo que necesitan para el día a día.
Ella solicita el crédito para la compra de madera, barniz, y herramientas para seguir haciendo sus artesanías.

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
  • 93
    View loans »
    Paraguay Loans Fundraising
  • $31,538,050
    Funds lent in using Kiva
  • 4,250.0
    Paraguay Guarani (PYG) = $1 USD

Success!! The loan was 100% repaid

A portion of La Alegria Group's $2,175 loan helped a member to buy wood, varnish, tools, etc.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Feb 24, 2012
Listed
Mar 26, 2012
Currency Exchange Loss:
Covered
Ended:
Sep 15, 2012