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Virgen De Fatima Group
In this Group: Elisa, Gloria, Ramona, Maria, Claudia, Celsa, Carmen, Salustiana, Rosalba, Elva, Noelia, Zulma, Catalina, Rosana, Carmen, Nimia*
* not pictured
Gloria is a member of this group. She is a hair stylist, is 40 years old, and married to Gustavo. They have three children and she is a hardworking person who works hard to help her husband reduce the household burden.

Her group is in its second cycle and Gloria says that the members are getting ahead through their efforts and that they help each-other.

Gloria is asking for this loan to buy hair cream, tints, shampoo, and rinses. She also does manicures from her home.
View original language description ↓
La Sra. Gloria es parte del grupo, ella es peluquera, tiene 40 años y está casada con el Sr. Gustavo, con quien tiene 3 hijos, ella es una persona muy trabajadora, quien se esfuerza por ayudar a su esposo y hacer así un poco más ligera la carga de la casa.
Su grupo se encuentra en el segundo ciclo y comenta la Sra. Gloria, que todas con mucho esfuerzo están saliendo adelante, ya que se ayudan y trabajan juntas para poder salir adelante.
La Sra Gloria solicita el crédito para la compra de crema para cabellos, tintes, Shampoo, enjuague, también de dedicara a ser manicura en su casa.

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

  • $8,400
    Average annual income
  • 82
    View loans »
    Paraguay Loans Fundraising
  • $30,772,800
    Funds lent in using Kiva
  • 4,275.0
    Paraguay Guarani (PYG) = $1 USD

Success!! The loan was 100% repaid

A portion of Virgen De Fatima Group's $3,650 loan helped a member to buy supplies.
100% repaid
Repayment Term
6 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Nov 29, 2012
Listed
Dec 24, 2012
Currency Exchange Loss:
Covered
Ended:
Apr 17, 2013