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Espiritu Santo Group
In this Group: Cristina Elizabeth, Daisy , Lidia , Rosa , Maria , Sandi, Liz , Dalma , Maria , Daysi , Lorenza , Maria *
* not pictured
Daisy is part of the communal bank "Espiritu Santo," and she has a beauty salon business. She is a very enterprising woman who is working to expand her business so that she can also help other people.

The "Espiritu Santo" communal bank is made up of 12 women, all of whom are head of households who strive to give their children everything they can so that they can get a good education.

Daisy is requesting a loan to buy hair spray, gel, scissors and other supplies that she will use to continue to provide good service to her customers.
View original language description ↓
Daisy es parte del grupo Espiritu Santo, ella se dedica a la peluquería, ella es una mujer muy emprendedora y que suela con ir agrandando su negocio para poder así también ayudar a otras personas.
El grupo Espiritu Santo tiene 12 mujeres, donde todas ellas son jefas de familia, que desean luchar por los suyos y dar a sus hijos todo lo que pueden para una buena educación.
La Sra. Daisy solicita este crédito para la compra de spray, gel, tijeras, y otros insumos que ella va a usar para 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
  • 77
    View loans »
    Paraguay Loans Fundraising
  • $29,572,900
    Funds lent in using Kiva
  • 4,469.9
    Paraguay Guarani (PYG) = $1 USD

Success!! The loan was 100% repaid

A portion of Espiritu Santo Group's $2,600 loan helped a member to buy hair spray, gel, scissors and other supplies for her salon.
100% repaid
Repayment Term
5 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Oct 17, 2012
Listed
Nov 13, 2012
Currency Exchange Loss:
Covered
Ended:
Feb 15, 2013