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La Alborada Group
In this Group: Celia, Nancy, Sixta, Silveria, Dominga, Fany, Nilsa, Francisca, Sonia, Teodora, Nelsi, Sara, María, Blanca*
* not pictured
The "La Alborada" committee was formed by various neighboring women in the city of Choré, a small district far from the central area of Santaní. They strive to give their families what they need, and by means of their group effort they are able to contribute something very important to their community.

Sonia is one of the members. She makes a living by making clothing, as she is a dressmaker. She is very good at what she does and has become known for her lovely clothing. She is happy to be part of the group as she will be able to help her family.

She is asking for this loan to be able to invest in buying fabrics, thread, buttons and other items, as in this way she will be able to keep growing and improving her family's life.
View original language description ↓
El comité “La Alborada” se formó con la unión de varias vecinas de la ciudad de Choré, un pequeño distrito lejano de la zona céntrica de Santaní. Ellas están luchando por dar a su familia lo que necesitan, y que por medio del esfuerzo de su grupo puedan aportar algo muy importante en su comunidad.
Sonia es una de las integrantes, quien se dedica a la confección, ya que es modista, una persona muy buena en lo que hace, y que se hizo conocida por sus lindas confecciones. Esta contenta por formar parte del grupo ya que podrá ayudar a su familia.
Solicita de este crédito para poder invertirlo en la compra de telas, hilos, botones y demás, ya que de esa forma podrá seguir creciendo y mejorando la vida de su familia.

Additional Information

More information about this loan

This loan is designed for poor clients living in rural areas with high levels of crime and social conflict. These clients, working primarily in agriculture, are often ineligible for credit from formal financial institutions because of the high-crime area they live in, their lack of adequate collateral (like a land title), and the likelihood of low agricultural production due to bad weather or pests. Fundación Paraguaya is committed to serving these clients with loans and other wraparound services tailored to their needs. It also provides clients working in agriculture with access to discounted training courses at a local agricultural school to teach them how to improve their crop yields.

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.

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About Paraguay

  • $4,555
    Average annual income
  • 52
    View loans »
    Paraguay Loans Fundraising
  • $27,441,200
    Funds lent in using Kiva
  • 4,479.3
    Paraguay Guarani (PYG) = $1 USD

Success!! The loan was 100% repaid

A portion of La Alborada Group's $2,400 loan helped a member to buy fabrics, thread, buttons and other items.
100% repaid
Repayment Term
9 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jun 25, 2013
Listed
Jul 25, 2013
Currency Exchange Loss:
Covered
Ended:
Feb 21, 2014