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Ko'eju Group
In this Group: Gloria, Mariela, María De Los Ángeles, Manuela, Elena, Leónida, Nélida, Rosalina, María Griselda, Lucía, Agueda , Carmen, Miguela*, Alicia*, María Mercedes*
* not pictured
The women in this group are from the Kennedy neighborhood in the city of Caacupé. These united women have already been in this program for about 6 to 7 years. They regularly pursue activities together. They not only save their money, but they also have a savings account, which they use as a guarantee against any unforeseen obstacles that arise. They are very thankful for Fundación Paraguaya and Kiva for this opportunity and for the constant training they receive. Thanks to the program, they learn to save, work in teams, and create sources of income that help their support their families since some of these women are heads of households.

Gloria is a very hard-working and active member of the group. She has been a businesswoman for many years, and she supplies necessary goods for her neighborhood. Mrs. Gloria has a very close family, and they help to support each other. In this way, her family goes forward in the best way possible. At this time, she is requesting a loan to buy merchandise for her business because sometimes her clients buy goods on credit. They repay her monthly or twice monthly. With this loan, she will buy rice, oil, noodles, canned goods, dairy products, baked goods, cured meat, mate leaves (used as a substitute for tea), and cleaning products.
View original language description ↓
Las mujeres del presente comité son del barrio kennedy de la ciudad de Caacupé.
Son Señoras muy unidas, ya hace aproximadamente 6 a7 años que están dentro del programa, realizan constantes actividades juntas, de ese modo ahorran y también cuentan con una caja chica que les sirve como garantía para cualquier inconveniente que se presente.
Ellas están muy agradecidas con la Fundación y Kiva, por la oportunidad y por las contantes capacitaciones que reciben.
Gracias al programa, aprendieron a ahorrar, trabajar en equipo, y crear fuentes de ingresos, que les ayudan al sustento de sus hogares, ya que algunas son cabezas de familia.
Una de las integrantes quien es muy trabajadora y activa para las actividades que realiza el comité es la señora Gloria.
Ella es comerciante desde hace varios años, y es la abastecedora de los productos de primera necesidad del barrio.
La señora Gloria tiene una familia muy unida, y se ayudan mutuamente en todas las actividades que realizan y de esta manera la familia sale adelante de la mejor manera posible.
En esta oportunidad solicita el préstamo para la compra de mercaderías para su negocio ya que en ocasiones también tiene clientes que solicitan las mercaderías a crédito y los pagan de manera mensual o quincenal, y necesita para comprar, arroz, aceite, fideos, enlatados, lácteos, panificados, embutidos, yerba mate, productos de limpieza.

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
  • $31,365,875
    Funds lent in using Kiva
  • 4,891.6
    Paraguay Guarani (PYG) = $1 USD

Success!! The loan was 100% repaid

A portion of Ko'eju Group's $3,150 loan helped a member to buy rice, oil, noodles, canned goods, dairy products, baked goods, mate leaves, and cleaning products.
100% repaid
Repayment Term
6 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Sep 22, 2010
Listed
Oct 20, 2010
Currency Exchange Loss:
Covered
Ended:
Feb 15, 2011