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Kuña Guapa Group
In this Group: Juliana, Nidia, Maria, Ursula, Susana, Amada, Benancia, Evangelista, Mirian, Deisy, Romina, Clara, Irmina, Emilce, Susana
The Kuña Guapa committee is requesting its third loan. This group is made up of very hard working women, many of whom are single mothers.

In this group, the loans are used for the individual businesses of the members which include: the recycling of paper; selling coal and plastics; buying ingredients for baked goods and pastries, such as the Paraguayan national “empanada”; fruits and vegetables to sell in their stores; the sale of cosmetics such as lipsticks, creams, shampoos and deodorants; the sale of candy; the sale of fabric for tailoring clothing, bedsheets and towels, skirts and shorts; the sale of herbs and remedies; and the sale of sausages and sweetmeats.

One of the women in this committee, Juliana P., is 48 years old and has a remarkably inspiring story of her entrepreneurial success. She has three children, and is a single mother. She buys charcoal, and every morning loads it up on her cart to deliver around her area. She comes back home at lunch and then sets out in the afternoon to pick up recycling and sort it to sell. She is very patient and works hard to make a living to support her children.

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
  • 82
    View loans »
    Paraguay Loans Fundraising
  • $30,772,800
    Funds lent in using Kiva
  • 4,750.0
    Paraguay Guarani (PYG) = $1 USD

Success!! The loan was 100% repaid

A portion of Kuña Guapa Group's $3,025 loan helped a member merchandise.
100% repaid
Repayment Term
6 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Nov 17, 2009
Listed
Nov 27, 2009
Currency Exchange Loss:
Covered
Ended:
Apr 15, 2010