Check out some available loans that are similar to this one!
Nueva Alegria Group
In this Group: Ilda, Totentina, Joaquina, Rita, Rocio, Atanacia, Claudia, Agueda, Balbina, Blanca, Clyde , Maria, Felisa, Liza, Reina*
* not pictured
The Nueva Alegría group is made up of women representing various business activities. Some are seamstresses, others work as merchants or domestic employees, but they all complement each other well. Nueva Alegría is a new group in its first loan cycle, and its members are enthusiastic, happy and eager to put their loans to good use.

Ilda is a seamstress, she sews and mends many different types of clothing. Over time, she has gained considerable experience and more importantly, a good reputation among her customers for her dedication, for always finishing her work on time, and for her good prices. The loan Ilda is requesting will be used to buy materials such as fabric, scissors, ribbons, etc. so that she can earn more income by offering a greater variety to her customers.
View original language description ↓
El comité Nueva Alegría esta conformada por mujeres que se dedican a actividades varias algunas son costureras, otras comerciantes, otras trabajan como empleadas domésticas pero al mismo tiempo se complementan. El comité es nuevo se encuentra en su 1er ciclo y de igual forma existe mucho entusiasmo, alegría y ganas de salir adelante.
La señora Ilda es costurera, arregla todo tipo de prendas y también confecciona todo tipo de prendas. La señora con el tiempo ha podido ganar experiencia y sobre todo reconocimiento de su clientes por la dedicación, entrega a tiempo y buen precio.
El crédito solicitado sería para comprar los materiales como telas, tijeras, agujas, cintas, etc para poder ofrecer variedades y así generar mayor ingreso.

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
  • 46
    View loans »
    Paraguay Loans Fundraising
  • $27,437,225
    Funds lent in using Kiva
  • 4,403.0
    Paraguay Guarani (PYG) = $1 USD

Success!! The loan was 100% repaid

A portion of Nueva Alegria Group's $1,925 loan helped a member to buy fabric, scissors, ribbon, etc.
100% repaid
Repayment Term
9 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jul 31, 2012
Listed
Aug 30, 2012
Currency Exchange Loss:
Covered
Ended:
Aug 17, 2013