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La Alegria Group
In this Group: Matilde Felicia, Lorenza, Rocio, Nancy, Sinecia, Atanacia, Norma, Juana, Wilma, Maria, Eugenia, Miguela, Faustina, Maria, Nilsa*
* not pictured
The “Alegría” (Joy) committee has been working with the Fundación for more than a year; its members have been carrying out productive activities and through this work are able to help their families. Matilde is one of this committee’s members. She joined with the hope of being able to grow and earn higher income to support her family. She works buying, selling and gathering recyclable materials like plastic, aluminum, cardboard, etc. Through this honest, dignified work she’s able to help her family providing for their needs so they can have a life that’s free from wants.

Matilde is very proud of her work which is her family’s support and is asking for this loan to invest in plastics and cardboard that she’ll be able to resell and earn higher profits. She’s grateful for this new opportunity she has because it will be of much help to her.
View original language description ↓
El comité "Alegria" lleva mas de 1 año de trabajo con la Fundación, sus integrantes ya viene realizando una actividad productiva y mediante ese trabajo que hacen pueden ayudar a sus familias.
La Sra. Matilde es una de las integrantes de éste comité , se unió con la esperanza de poder crecer y ganar mayores ingresos que le permitan sostener a su familia, ella se dedica a la compra, venta y recolección de materiales reciclables, como ser plásticos, aluminio, cartón, etc. Es mediante este trabajo digno y honesto que ayuda a su familia y les está dando lo que necesitan para tener una vida sin carencias.
Matilde esta muy orgullosa de su trabajo, ya que es el sostén de su familia, y solicita de este crédito para poder invertirlo en la compra de plásticos y cartones, los cuales podrá revender y tener mayores ganancias. Ella este agradecida por esta nueva oportunidad que tiene, pues le será de mucha ayuda.

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
  • 81
    View loans »
    Paraguay Loans Fundraising
  • $30,204,950
    Funds lent in using Kiva
  • 4,295.0
    Paraguay Guarani (PYG) = $1 USD

Success!! The loan was 100% repaid

A portion of La Alegria Group's $5,025 loan helped a member to buy plastic and cardboard to resell.
100% repaid
Repayment Term
6 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Nov 21, 2012
Listed
Dec 17, 2012
Currency Exchange Loss:
Covered
Ended:
Apr 17, 2013