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Kuña Guapa Ii Group
In this Group: Adela, Ada , Elvira, Sonia, Margarita, Limpia, Andresa, Zunilda, Dora, Zunilda Graciela, Sonia
The committee is called "Kuña Guapa II" and is in its first cycle with 11 members. It is a group of people united by solidarity and responsibility. The members have a great entrepreneurial spirit and therefore strive to meet fully the commitments made to the Foundation and conduct fund raising activities to help each other. Obtaining the credit will open many doors for the progress of their ventures. Such is the case of Ms. Ada B.. She has a small pantry and wants to increase her income to vary her stock of products and generate more income to support her family.

The committee was formed thanks to the efforts of Mrs. Adela F., a resident of Juan León Mallorquín (Ciudad del Este). Upon learning of the program, she contacted her neighbors and friends to form the committee in the area. Many ladies who live there are willing to work and are great entrepreneurs.

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
  • 102
    View loans »
    Paraguay Loans Fundraising
  • $30,964,775
    Funds lent in using Kiva
  • 4,590.0
    Paraguay Guarani (PYG) = $1 USD

Success!! The loan was 100% repaid

A portion of Kuña Guapa Ii Group's $1,325 loan helped a member to purchase staple goods such as drinks, fruits & vegetables, and groceries in general.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jan 25, 2011
Listed
Feb 15, 2011
Currency Exchange Loss:
Covered
Ended:
Aug 15, 2011