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Kuña Marangatu Group
In this Group: Jorgelina, Rosalba, Porfiria, Graciela, Tomasa, Ramona, Cinthia, Antonia, Elena, Jesica, Francisca, Berta, Ma-Eugenia
In the Virgen Sagrado Corazón de Jesús district in the city Quiindy, about 23 km outside of the city of Carapeguá, a group of women with limited resources found out about the program Committees for Women Entrepreneurs. They decided to meet to receive information about the program.

These women are active, and the majority of them work as domestic employees, as saleswomen, among other things. They are looking for a little bit more support in order to increase their family incomes and to improve their quality of life.

  1. Jorgelina G. - spice sales
  2. Rosalba E. - food sales
  3. Porfiria A. - domestic employee
  4. Graciela E. - lottery ticket sales
  5. Tomasa A. - pork and cheese sales
  6. Ramona F. - domestic employee
  7. Cinthia C. - food sales
  8. Antonia C. - domestic employee
  9. Elena V. - saleswoman
  10. Jesica V. - clothing sales
  11. Francisca V. - food sales
  12. Berta I. - domestic employee
  13. Ma-Eugenia V. - lottery ticket sales

Two other members of the group decided not to take out a loan this cycle and rather save their money.

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
  • 52
    View loans »
    Paraguay Loans Fundraising
  • $33,578,950
    Funds lent in using Kiva
  • 5,030.0
    Paraguay Guarani (PYG) = $1 USD

Success!! The loan was 100% repaid

A portion of Kuña Marangatu Group's $1,550 loan helped a member the majority of the participants of this committee invested their credit in their respective businesses.
100% repaid
Repayment Term
6 months (Additional Information)
Repayment Schedule
May 28, 2009
Jun 19, 2009
Currency Exchange Loss:
Oct 15, 2009