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Kuña Guapa Group
In this Group: Maria, Francisca, Seneida, Angela, Amada, Elsa, Marta, Mirian, Epifania, Victorina, Chavela, Mariana, Severiana, Tomasa, Bernarda, Isabel, Valeria, Matilde, Bernarda, Elida, Reinalda, Romina
This group of women called Kuña Guapa was formed on August 24, 2009 in the region of J. A. Saldivar with help from the Director of Finance Sra. Francisca F.. She had started another group which broke up as several members failed to make their loan repayments. Then she invited other neighbours to form a new group which has been working successfully. It is now in its fifth loan cycle, and everyone is getting on well and supporting each other.

One of the members is Sra. Maria who makes and sells cakes. She is an active woman who works hard to support her family. She takes orders for snacks, but more especially for cakes for special occasions. As the items she bakes are of high quality, she has a constant stream of orders. Maria is seeking a loan so she can buy more ingredients for the cakes.
View original language description ↓
El Comité de Mujeres de nombre Kuña Guapa, se conformo en fecha 24 de agosto del 2009 en de J. A. Saldivar, gracias a la actual Directora de Finanzas la Sra. Francisca F. quien ya formó parte de otro grupo, que se desintegró por mal de pago de algunas compañeras, luego invitó a otras vecinas para conformar un nuevo grupo y logró conformar un grupo, actualmente se encuentran trabajando muy a gusto, ya en el 5º ciclo, trabajando en forma conjunta y solidaria dentro del programa.
Una de las integrantes es la señora Maria quien se dedica a la elaboración y ventas de tortas.

Ella es una mujer muy activa y trabaja mucho por el bienestar de su familia y la de sus hijos y de esa forma se encuentra trabajando con pedidos de bocaditos pero especialmente de tortas para acontecimientos especiales.

Por la calidad de sus productos ella cuenta con pedidos constante, y solicita el préstamo para la compra de ingrediente que ella utiliza para la elaboración de tortas.

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
  • 27
    View loans »
    Paraguay Loans Fundraising
  • $28,082,175
    Funds lent in using Kiva
  • 4,960.0
    Paraguay Guarani (PYG) = $1 USD

Success!! The loan was 100% repaid

A portion of Kuña Guapa Group's $4,250 loan helped a member to buy cake ingredients.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Sep 28, 2010
Listed
Oct 30, 2010
Currency Exchange Loss:
Covered
Ended:
Apr 22, 2011