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San Juan Group
In this Group: Maria Graciela, Teodosia, Margarita, Leonidas, Jorgelina, Ermelinda, Maria, Sara, Epifania, Nilda, Norma, Nancy, Rosalina, Nancy, Isabel, Nilsa, Julia, Noelia, Bricelda, Mayna, Lourdes*
* not pictured
To form the communal bank, one of the members invited her friends and neighbors, and that is how the group called "San Juan" came about. They are in their 15th loan cycle, with 21 members.

Teodosia is a member of the group. She is a hairdresser and says that she has a very good clientele, as she does very good work. She began with very little, but is succeeding thanks to the work she does.

She is requesting the loan in order to buy supplies for her hair salon, such as shampoo, rinses, gel, hair coloring, and other items, so that she can continue working and giving her customers good service
View original language description ↓
Para la formación del comité, una de las miembros invito a sus amigas y vecinas y de allí surge el grupo que se llama”San Juan“están en el Décimo Quinto Ciclo con 21 integrantes.
Teodosia es miembro del grupo, ella es peluquera y cuenta que tiene muy buena clientela, ya que hace muy buenos trabajos. Empezó con muy poco, pero gracias al trabajo que hace está saliendo adelante.
Solicita el crédito para la compra de insumos para su peluquería, como ser shampoo, enjuagues, gel, tintes y demás insumos para poder seguir trabajando y 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
  • 72
    View loans »
    Paraguay Loans Fundraising
  • $30,204,950
    Funds lent in using Kiva
  • 4,360.0
    Paraguay Guarani (PYG) = $1 USD

Success!! The loan was 100% repaid

A portion of San Juan Group's $5,875 loan helped a member to buy shampoo, rinses, gel, hair coloring and other supplies.
100% repaid
Repayment Term
5 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jun 26, 2012
Listed
Jul 29, 2012
Currency Exchange Loss:
Covered
Ended:
Oct 15, 2012