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Mbaapora Group
In this Group: Graciela, Irene, Clara, María, Ninfa, Claudia, Tomasa, Adela, Estela, Santa, Mariela, Maria, Elodia, Jorgelina*, Lidia*
* not pictured
Group Mbaapora is in its second cycle. They are all humble women that struggle and work hard to get ahead. María is one of them, and says that with a great effort, she has managed to open a beauty salon.

María works every day, starting early in the morning. She says that she has a good base of clients that come to her because she is good at what she does. María is a tenacious woman, who works as hard as she can.

María is requesting a loan to invest in buying dyes, shampoo, conditioners, creams and other products that she frequently uses.
View original language description ↓
El grupo Mbaapora está en su segundo ciclo, son mujeres humildes que luchan y se esfuerzan por salir adelante. Maria es una de ellas, y cuenta que con mucho sacrificio ha podido montar para su peluquería.
Día a día trabaja desde muy tempranas horas y cuenta que tiene buena cantidad de clientes que siempre se acercan a ella, ya que siempre hace muy buenos trabajos. Es muy trabajadora la Sra. Maria y lo muestra con todo lo que tiene.
Ella solicita de este crédito para poder invertirlo en la compra de tintes, shampoo, enjuagues, cremas y demás, ya que son los insumos que mas usa en su negocio y los que siempre necesita.

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
  • 128
    View loans »
    Paraguay Loans Fundraising
  • $31,646,375
    Funds lent in using Kiva
  • 4,035.5
    Paraguay Guarani (PYG) = $1 USD

Success!! The loan was 100% repaid

A portion of Mbaapora Group's $2,100 loan helped a member to buy dyes, shampoo, conditioners, creams and other supplies for her salon.
100% repaid
Repayment Term
9 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Feb 27, 2013
Listed
Mar 26, 2013
Currency Exchange Loss:
Covered
Ended:
Oct 17, 2013