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Joayhu Group
In this Group: Eladia, Carolina, Josefina, Juana María, Alcira Mabel, Antonia, Gladys Marily, Timotea, Sonia Raquel, Carolina, Rossana Noemi*
* not pictured
The "Joayhu" communal bank is comprised of women from the San Ignacio area. All the members are friends and neighbors from the neighborhood. Their goal is to start businesses and work together.
Carolina is a laundress and she reports that she has always had a great deal of work to do. She also reports that through her laundry business she has been able to provide her family with everything they need in order to live a decent life. She's very hardworking and makes sacrifices for her family.
She requests this loan in order to purchase soap, softener, fabric freshener and other supplies she needs so that she can keep on working.
View original language description ↓
El comité de Mujeres"Joayhu " es de la zona de San Ignacio, todas las integrantes son amigas y vecinas de barrio. El objetivo de cada de una de ella es emprender y trabajar juntas.
Las Sra. Carolina es lavandera, y cuenta que siempre tiene mucho trabajo que hacer, y que por medio de la lavandería ha podido dar a su familia todo lo que necesitan para una vida digna. Es muy luchadora y sacrificada por su familia.
Solicita de este crédito para la compra de jabones, suavizantes, aromatizantes y demás insumos que necesita para poder seguir trabajando.

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
  • 75
    View loans »
    Paraguay Loans Fundraising
  • $27,639,150
    Funds lent in using Kiva
  • 4,452.7
    Paraguay Guarani (PYG) = $1 USD

Success!! The loan was 100% repaid

A portion of Joayhu Group's $1,400 loan helped a member to purchase soap, softener, fabric freshener and other supplies.
100% repaid
Repayment Term
9 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Oct 24, 2012
Listed
Nov 17, 2012
Currency Exchange Loss:
Covered
Ended:
Jun 17, 2013