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Kuña Guapa 2 Group
In this Group: Felipa, Celia, Filomena, Florentina, Fracisca, Ester*, Josefina, Rafaela, Valeria, Angelina, Carmen, Maristela, Sunilda, Adelaida, Aparicia, Teresa , Maria , Leonora, Fidelina*
* not pictured
This group has been with the Fundación for two years and comes from the neighborhood of San Lucas, just outsiD. of Ciudad del Este. The group is maD. up of 19 women, all friends and neighbors. 3,500,000 Gs is their savings. There is much support and responsibility amongst this group of women. They are also very interested in learning more about finances so that they can better run their businesses.

1 Felipa D. M. N. Dressmaker
2 Celia G. Small grocery store
3 Filomena L. Small grocery store
4 Florentina R. Small grocery store
5 Francisaca V. Pastry/sweets sales
6 Ester R. Dressmaker
7 Josefina A. Jewelry sales
8 Rafaela V. Undergarment sales
9 Valeria T. Clothing sales
10 Angelina R. Candy sales
11 Carmen Q. Dressmaker
12 Maristela B. Furniture sales
13 Sunilda M. Cleaning product sales
14 Adelaida S. Diner
15 Aparicia G. Electronics sales
16 Teresa O. Clothing sales
17 Maria R. Food sales
18 Leonora G. Dressmaker
19 Fidelina G. Clothing sales

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
  • 135
    View loans »
    Paraguay Loans Fundraising
  • $31,646,450
    Funds lent in using Kiva
  • 5,030.0
    Paraguay Guarani (PYG) = $1 USD

Success!! The loan was 100% repaid

A portion of Kuña Guapa 2 Group's $3,000 loan helped a member purchase of merchandise such as fabrics, foodstuffs, electronics, clothes, jewelry, etc.
100% repaid
Repayment Term
5 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
May 22, 2009
Listed
Jun 11, 2009
Currency Exchange Loss:
Covered
Ended:
Sep 15, 2009