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Kuña Katupyry Group
In this Group: Floriana, Luz, Dorotea, Angela, Ambrosia, Petrona, Perla, Delia, Melitona, Rossana, Claudia
Description: The communal bank "Kuña Katupyry", was formed in July 2008 by hard-working women in an area not favored with economic development.
During the past three years of taking out loans, they have always tried to keep up with their payments. This communal bank is in an area that does not get much business, so the women have to go to other cities to sell their products. One of the members is Mrs Floriana who makes crafts for a living.
She embroiderers fabrics and clothing and also makes crafts like bedspreads, tablecloths, and other things. Her customers greatly appreciate her work because it has a good finish and is very delicate. Mrs. Floriana's family is very humble and her house is lacking in some comforts which is why she is taking out a loan -- to buy beds for her children.
View original language description ↓
Descripción: El Comité de Mujeres Kuña Katupyry, se conformó en julio de 2008, con mujeres muy trabajadoras en una zona poco favorecida con el desarrollo económico.
A lo largo de los tres años que vienen obteniendo el crédito, han pasado han procurado siempre estar al día con sus cuotas.
Este comité se encuentra en un zona que no tiene mucho movimiento comercial, por lo que las señoras deben trasladarse a otras ciudades para vendes sus productos.
Una de las integrantes es la señora Floriana quien se dedica a las manualidades para obtener un ingreso.
Ella realiza bordados sobre telas, vestidos, también realiza manualidades fabricando sobrecamas, manteles, y otros.
Sus clientes aprecian mucho los trabajos que ella realiza, ya que tiene una buena terminación y son muy delicados.
La familia de la señora Floriana es muy humilde y su casa necesita de algunas comodidades, por que solicita el préstamo para la comprar camas para sus hijos.

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
  • 94
    View loans »
    Paraguay Loans Fundraising
  • $30,964,825
    Funds lent in using Kiva
  • 4,760.0
    Paraguay Guarani (PYG) = $1 USD

Success!! The loan was 100% repaid

A portion of Kuña Katupyry Group's $2,275 loan helped a member to purchase beds.
100% repaid
Repayment Term
6 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jun 30, 2010
Listed
Jul 20, 2010
Currency Exchange Loss:
Covered
Ended:
Nov 15, 2010