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Tajy Poty Group
In this Group: Crismilda, Leonida, Nélida, Yeny, Lucia*, Marisel, Sonia, Cristina, Gladys, Fidelina, Graciela, María, Evangelista, Victorina, Graciela
* not pictured
The "Tajy Poty" group is on its fifth loan cycle with the committee programme. The group's members come from Curuguaty, Although quite far from the capital, Curuguaty is still growing and each member of the group wants it to grow.

Marisel is a hairdresser and tells us that her business has slowly grown because of her efforts and she now has a good customer base and wants to continue expanding in order to continue supporting her family.

Marisel is applying for this loan in order to buy products, such as dyes, shampoo, conditioners, creams, and more, for her hair salon. This will help to make her business plan a reality, allowing her to increase her income.
View original language description ↓
El grupo Tajy Poty está en su quinto ciclo del programa de comité, son de la ciudad de Curuguaty, una ciudad bastante alejada de la capital, que aún está en crecimiento, y donde cada una quiere que su ciudad vaya creciendo.
Marisel, es peluquera y comenta que su negocio fue creciendo lentamente gracias al esfuerzo que hizo, y hoy en día ya tiene una muy buena clientela, y quiere poder seguir creciendo para seguir apoyando a su familia.
La Sra. Marisel Solicito el crédito para la compra de Productos para su peluquera, como ser tintes, shampoo, enjuagues, cremas y demás, lo que le ayudará a concretar su plan de negocio, el cual le ayuda a mejorar sus ingresos.

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.

About Paraguay

  • $4,555
    Average annual income
  • 52
    View loans »
    Paraguay Loans Fundraising
  • $28,564,525
    Funds lent in using Kiva
  • 4,528.0
    Paraguay Guarani (PYG) = $1 USD

Success!! The loan was 100% repaid

A portion of Tajy Poty Group's $3,775 loan helped a member to buy dyes, shampoo, conditioners, creams, and more.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Nov 18, 2013
Listed
Dec 18, 2013
Currency Exchange Loss:
Possible
Ended:
Jun 17, 2014