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Ko'e Rory Group
In this Group: Sonia, Carmen, Isabel, Nimia, Arminda, Salustiana, Ramona, Adelaida, Ramona, Irma, Ana*
* not pictured
The committee is called Ko`e Rory, alluding to a better morning.

They are in their 7th cycle and have 11 members. The group stands out in the neighborhood for being exemplary, mutually supportive and responsible.

They conduct fund raising activities both to raise funds for the committee and in cases of need.

The members have great enterprising spirit because they are up to date with their payments and they intend to show good behavior and responsibility toward the institution.

Getting the loan opens many doors for the progress of their various enterprises..

One of the members asked for a loan to buy fruit and vegetables to stock her sales stand.

She sells this merchandise to help her family especially for their own nutrition.

She comments that she is very satisfied with her group and wants to continue working with it thus improving each day.
View original language description ↓
El comité se denomina Ko`e Rory, aludiendo a un mañana mejor.
Están en el Séptimo Ciclo, cuenta con 11 integrantes. Es un grupo que se destaca en el barrio por ser muy ejemplar, solidario y responsable.
Realizan actividades para recaudar fondos para el comité, para caso de necesidad.
Las integrantes poseen un gran espíritu emprendedor, ya que están al día con las cuotas y pretenden mostrar un buen cumplimiento de responsabilidad con la institución.
Al adquirir el crédito se le abren muhas puertas para el progreso de sus emprendimientos.
Una de las integrantes quien solicitó un préstamo para la compra de frutas y verduras ya que quiere abastecer su puesto de venta.
Ella trabaja con la venta de sus mercaderías y de esta manera ayuda a su familia especialmente para la alimentación de los mismos.
Comenta que se encuentra muy satisfecha con su grupo y desea seguir trabajando con el mismo y de esa manera continuar trabajando mejorando cada dia.

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
  • 61
    View loans »
    Paraguay Loans Fundraising
  • $29,035,975
    Funds lent in using Kiva
  • 4,900.0
    Paraguay Guarani (PYG) = $1 USD

Success!! The loan was 100% repaid

A portion of Ko'e Rory Group's $1,975 loan helped a member to buy fruits and vegetables like: apples, oranges, pears, watermelon, pineapple, onions, tomatoes, potatoes, carrots and others.
100% repaid
Repayment Term
9 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Sep 30, 2010
Listed
Oct 22, 2010
Currency Exchange Loss:
Covered
Ended:
May 15, 2011