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La Alegria Group
In this Group: Cecilia, Teresa Mabel, María Lina, Victoriana, Feliciana, Virginia, Ofelia Marciana, Serapia, Fernanda, Edita, Lucia Eliset, Isabel, Lidia Antonia, Rogelia
The communal bank "La Alegria" is from the city of Santaní. The members are friends and neighbors from this city. They got together with the goal of improving their businesses and also helping their families.

Teresa, one of the members, has a business raising animals such as hens, ducks, goats and other animals. She has a good quantity of animals, and when they get big she slaughters them or sells them. This is how she helps her family. Teresa is a very hardworking woman who wants to get ahead and make progress.

Teresa is requesting this loan to buy grains, nutritionally balanced feed, and other products to feed her animals.
View original language description ↓
El comité “La Alegría” es de la ciudad de Santaní, las miembros son amigas y vecinas de esa ciudad, y se han unido con el propósito de ir mejorando en sus trabajos y así también ayudar a sus familias.
Teresa, una de las miembros, se dedica a la cría de animales, como ser gallinas, patos, cabras y demás. Tiene una buena cantidad de animales, los cuales una vez grandes faena o vende, y de esa forma ayuda a su familia. Ella es una mujer muy trabajadora que desea salir adelante y progresar.
Solicita de este crédito para la compra de granos, balanceados y demás alimentos para sus animales.

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
  • 14
    View loans »
    Paraguay Loans Fundraising
  • $29,355,475
    Funds lent in using Kiva
  • 4,452.7
    Paraguay Guarani (PYG) = $1 USD

Success!! The loan was 100% repaid

A portion of La Alegria Group's $3,250 loan helped a member to buy grains and other animal feed.
100% repaid
Repayment Term
11 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Oct 23, 2012
Listed
Nov 17, 2012
Currency Exchange Loss:
Covered
Ended:
Aug 17, 2013