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Kuña Kyrey Group
In this Group: Cynthia, Jazmín, Patricia, Narcisa, Ana, Lilian, Francisca, Lourdes, Marisa, Nancy, Limpia, Virginia, Aurelia, María Estela, María Inés
The Kuña Kyrey Communal Bank was formed on July 14th, 2008, thanks to the general director. Cynthia D. took the initiative to invite her friends, and they formed the group.

Cynthia D. D. Orué is a very enterprising woman. She is excelling thanks to the notions store that she has. It is pretty busy because it has a great variety of merchandise, and the prices are very accessible. Her items can be gifts, for personal use, and for the home.

She wishes to increase her income without raising the cost of her merchandise. She intends to expand her business by purchasing wholesale fabrics, appliques for clothes, appliques for the home, and decorative arrangements, etc. Buying this way makes the costs cheaper and, at the same time, her income increases.
View original language description ↓
El Comité D. Mujeres D. nombre Kuña Kyrey, se conformó en fecha 14 D. Julio del 2008, gracias a que la Directora General, la Sra.Cynthia D. tomo la iniciativa D. invitar a sus amigas y D. esa forma lograron formar el comite .
La Señora Cynthia D. D. Orué es una mujer muy emprendedora y va sobresaliendo gracias al negocio D. Mercería que posee, es bastante concurrido siendo que tiene gran variedad D. mercaderías y a precios bastante accesibles, para regalos o D. uso personal y en el hogar.
La Señora desea incrementar sus ingresos sin elevar los costos D. sus mercaderías, por lo que pretenD. ampliar el negocio con la compra al por mayor D. telas, apliques para ropas, apliques para el hogar, arreglos decorativos, etc., abaratando así los costos y al mismo tiempo aumentar sus ingresos.

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
  • 67
    View loans »
    Paraguay Loans Fundraising
  • $29,036,000
    Funds lent in using Kiva
  • 4,740.0
    Paraguay Guarani (PYG) = $1 USD

Success!! The loan was 100% repaid

A portion of Kuña Kyrey Group's $3,575 loan helped a member buy fabrics, appliques for clothes, appliques for the home, and decorative arrangements, etc.
100% repaid
Repayment Term
6 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
May 26, 2010
Listed
Jun 25, 2010
Currency Exchange Loss:
Covered
Ended:
Oct 15, 2010