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Virgen De Guadalupe Group
In this Group: Emerita, Graciela , Mercedes , Matilde , Ramona , Norma , Liduvina , María , María , Blasida *
* not pictured
The Virgen of Guadalupe committee was formed through the initiative of one of its group. There are ten members and they are in their second cycle. The group began by showing unity and support among the women who all have businesses and are very hard-working.
Norma is a member and she has a modest beauty shop where she offers all types of services to those who come. She is a very hard-working woman with desires to get ahead and to be someone in her life through her business.
She is requesting the loan to supply her shop with spray, shampoo, rinses, creams, gels and more items since since she wants to be able to give good service to her customers.
View original language description ↓
El comité Virgen de Guadalupe, se conformó con la iniciativa de una de las miembros. Actualmente se encuentran en el segundo ciclo, con diez miembros. El grupo empezó, demostrando unión y solidaridad entre las compañeras; quienes poseen actividad económica y son muy trabajadoras.
Norma forma parte del grupo, y ella cuenta que se dedica a la peluquería, tiene un modesto salón de belleza donde da todo tipo de servicios a quienes acuden a su negocio. Ella es una persona muy trabajadora y con ganas de salir adelante y ser alguien en la vida por medio de su trabajo.
Solicita el crédito para poder surtir su local con spray, shampoo, enjuagues, cremas, gel y demás insumos, ya que quiere poder seguir dando un buen servicio a sus clientes.

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
  • 41
    View loans »
    Paraguay Loans Fundraising
  • $29,537,050
    Funds lent in using Kiva
  • 4,500.0
    Paraguay Guarani (PYG) = $1 USD

Success!! The loan was 100% repaid

A portion of Virgen De Guadalupe Group's $1,575 loan helped a member to buy spray, shampoo, rinses, creams, gels and more items.
100% repaid
Repayment Term
9 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jun 27, 2012
Listed
Jul 15, 2012
Currency Exchange Loss:
Covered
Ended:
Feb 15, 2013