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Virgen Del Rosario Group
In this Group: Nathalia Soledad , Maria , Eustaquia , Amelia , Anselma , Maria , Selva , Maria , Mirian , Pablina , Epifania *, Blanca
* not pictured
The “Virgen del Rosario” committee formed in the city of Ybycui when 12 women from that city joined together. They are all friends and neighbors who saw a great opportunity for themselves and for their families and that’s why they decided to join Fundación Paraguaya’s program.

María is a manicurist and she comments that she has a good number of customers who always request her services thanks to the dedication she puts into what she does. She’s been able to get ahead and help her family by means of her work. Her goal is to be able to have a beauty salon to provide better customer service.

She’s asking for the loan to buy nail polish, emery boards and other supplies to continue working and helping her family.
View original language description ↓
El Comité de Mujeres “Virgen del Rosario” se formo en la ciudad de Ybycui con la unión de 12 mujeres de esa ciudad, todas ellas amigas y vecinas que vieron una gran oportunidad para ellas y sus familias, y es por ello que decidieron unirse al programa de la fundación paraguaya.
Maria es manicurista y comenta que tiene una buena cantidad de clientas que siempre le piden sus servicios, gracias al empeño que ella le pone a lo que hace es que ha podido salir adelante y ayudar a su familia por medio de su trabajo. Su meta es poder tener un salón de belleza donde ofrecer mayor servicio a sus clientes.
Ella solicita el crédito para la compra de esmaltes, limas de uñas, y demás insumos con los cuales podrá seguir trabajando y ayudando a su familia.

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
  • 53
    View loans »
    Paraguay Loans Fundraising
  • $33,516,125
    Funds lent in using Kiva
  • 4,300.0
    Paraguay Guarani (PYG) = $1 USD

Success!! The loan was 100% repaid

A portion of Virgen Del Rosario Group's $1,425 loan helped a member to buy nail polish, emery boards, etc.
100% repaid
Repayment Term
6 months (Additional Information)
Repayment Schedule
Mar 27, 2012
Apr 30, 2012
Currency Exchange Loss:
Sep 15, 2012