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Kuña Marangatu Group
In this Group: Maria Bernardita, Ramona, Nancy, Graciela, María, Nilda, María, Evangelista, Teodolina, María, Inocencia, Carolina*, Nancy*
* not pictured
Ramona got together this current committee. She contacted her neighbors and friends in Ciudad del Este and created the committee called 'Kuña Marangatu'. The group are currently in their fifth loan cycle and have 13 members. This is a group which stands out in their neighborhood for being very united, supportive and responsible. They have a great entrepreneurial and tenacious spirit and would like to be able to continue growing every day.

One of the members of this committee is Evangelista who sells all kinds of clothes. This enables her to support her family. She tells us that she has many customers and so makes very good income. She uses this income to cover her daily household expenses. She has a lot of orders to fill and would also like to be able to update the range of clothes that she has.

Evangelista is requesting this loan to buy all kinds of clothes with which to stock her business. In addition, she would like to fill the orders that her customers make with her.
View original language description ↓
La formación del presente comité se inició gracias a iniciativa D. la señora Ramona, ella contactó con sus vecinas y amigas D. Ciudad del Este y D. allí surge el comité denominado Kuña Marangatu, se encuentran actualmente en el quinto ciclo, con 13 integrantes. Es un grupo que se destaca en el barrio por ser muy unido, solidario y responsable, ellas poseen un gran espíritu emprendedor y luchador y desean poder crecer más cada día.
Una D. las integrantes del comité es la señora Evangelista, ella se dedica a la venta D. ropas D. todo tipo, con lo cual pueD. mantener a su familia. Dice tener muchos clientes, lo cual le genera muy buenos ingresos, lo que le sirve para poder los gastos diarios D. la casa. Tiene muchos pedidos con los que tiene que cumplir, además D. eso le gustaría poder renovar la variedad D. prendas que tiene.
Ella solicita el crédito para la compra D. prendas D. todo tipo para el abastecimiento D. su negocio, además D. eso quiere cumplir con los pedidos que le hacen sus clientes.

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
  • 11
    View loans »
    Paraguay Loans Fundraising
  • $29,355,475
    Funds lent in using Kiva
  • 3,940.0
    Paraguay Guarani (PYG) = $1 USD

Success!! The loan was 100% repaid

A portion of Kuña Marangatu Group's $2,550 loan helped a member to buy all kinds of clothes to sell.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Aug 17, 2011
Listed
Oct 2, 2011
Currency Exchange Loss:
Covered
Ended:
Mar 15, 2012