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Kuña Kyrey Group
In this Group: Elva, Lorenza, Gladys, De Las Nieves, Irma*, Nilda, Yanina, Fidelina*, Gladys, Angelina, Blanca, Maria Laura, Nidia, Olga, Margarita
* not pictured
View original language description ↓
In the city of Quiindy in the Bernardino C. neighborhood 23 km from the Carapeguá office, some women with limited resources that joined into the Mujeres Emprendedoras committee and decided to get together to receive information about the program mentioned.

These active women, the majority of them dedicated to selling things and other activities mentioned above. They are looking for a little more support to strengthen their families´ incomes and to better the quality of their lives through credit.

They need this loan to invest in their respective jobs and with this they can attain sustainable growth that they will help them to grow as a group and as individuals.

Some of the activities are: sale of milk, cheese, clothes,crafts, grocery store, dressmaker, etc.

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

  • $4,555
    Average annual income
  • 76
    View loans »
    Paraguay Loans Fundraising
  • $29,572,900
    Funds lent in using Kiva
  • 4,950.0
    Paraguay Guarani (PYG) = $1 USD

Success!! The loan was 100% repaid

A portion of Kuña Kyrey Group's $2,100 loan helped a member to invest in their respective jobs.
100% repaid
Repayment Term
6 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jul 20, 2009
Listed
Aug 18, 2009
Currency Exchange Loss:
Covered
Ended:
Dec 15, 2009