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Kuña Rory Group
In this Group: Gloria, Gilda, Francisca, Rosa, Maria Candida, Dionicia, Regina, Gladys, Nancy, Felipa, Bella, Lucila, Sonia, Maria Elena, Juana*, Julia*
* not pictured
Mrs Francisca A. set up this committee. Francisca lives in Calitxo, in the city of Carapegua. The committee is called “Kuña Rory” and it is currently entering its tenth loan cycle with 16 members. This is a group of very responsible and hard-working women.

Some of these ladies already had work before they became members of the committee of enterprising women and joined in order to improve their businesses. Others, however, are starting out in their first business.

These women are grateful to Fundación Paraguaya for this initiative since it has helped them to develop their capacity for work.

Dionicia has been selling milk for several years. She gets up very early to milk her cow and then goes out to sell the milk. She makes her sales in the city of Carapegua where she also has a vegetable stall.

Dionicia is especially grateful to Fundación Paraguaya because, through the support they have given her, she has been able to acquire more capital. She hopes to be able to continue relying on their financial support to expand her business because she now has more merchandise. She also hopes to be able to acquire a freezer.
View original language description ↓
Para la formación del comité, tuvo la iniciativa la Señora Francisca A. domiciliada en Calixto de la Ciudad de Carapegua.
El comité se llama “Kuña Rory” y actualmente se encuentra en la décima etapa con 16 integrantes, es un grupo de señoras muy responsables y trabajadoras.
Algunas de las integrantes ya contaban con trabajo antes de formar parte del comité de Mujeres Emprendedoras y se integraron para lograr mejorar su emprendimiento, otras sin embargo comienzan con su primer negocio.
Las mujeres agradecen a la Fundación Paraguaya por la iniciativa ya que mediante ella lograron desarrollar bastante su capacidad de trabajo.
La Sra. Dionicia, quien se dedica hace varios años a la venta de leche, se levanta muy temprano a ordeñar su vaca para salir a vender. La venta lo realiza en la ciudad de Carapegua, donde tiene un puesto de venta de verduras también.
La Sra. Dionicia agradece de manera especial a la Fundación porque mediante el apoyo brindado ella pudo adquirir más capital y espera poder seguir contando con ese apoyo financiero para agrandar su negocio porque ahora cuenta con mas mercaderías, así también espera contar con una congeladora.

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
  • 112
    View loans »
    Paraguay Loans Fundraising
  • $31,570,750
    Funds lent in using Kiva
  • 4,260.0
    Paraguay Guarani (PYG) = $1 USD

Success!! The loan was 100% repaid

A portion of Kuña Rory Group's $3,050 loan helped a member to buy a freezer and expand her business.
100% repaid
Repayment Term
6 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Feb 16, 2011
Listed
Mar 17, 2011
Currency Exchange Loss:
Covered
Ended:
Jul 15, 2011