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Kuña Marangatu Group
In this Group: Francisca, Ana , Eufemia , María , Mirna , Heber , Blanca , Karina , Catalina , Liliana , Mirian , Mariela , Alba , María , Marcela *
* not pictured
This communal bank, called Kuña Marangatu, came about through contact with one of the ladies of the Fundacion. Currently it consists of 15 women. It is in its 20th loan cycle with the program and they have worked with the Fundacion since 2006.

Alba is one of the members of the group. She sells all types of footwear. This work allows her to get ahead on a daily basis and take care of her family and those that depend on her. She tells us that she is doing very well and so would like to continue running the business. She considers herself to be a very hardworking, enterprising and determined woman.

She is asking for the loan to buy footwear with which to have a wider variety of products to offer her customers. She is thankful to the Fundacion and Kiva for the opportunity given her.
View original language description ↓
Este comité denominado Kuña Marangatu, surgió por contacto D. una D. las señoras con la fundación. Actualmente está integrado por 15 mujeres, el grupo se encuentra en el ciclo número 20 del programa, operan con la Fundación desD. el año 2006.
Alba, es una D. las miembros del comité, ella se dedica a la venta D. calzados D. todo tipo, este trabajo le permite salir adelante día a día y mantener a su familia y a los que D. ella dependen. Comenta que le va muy bien en el negocio por lo que le gustaría poder seguir con el. Ella se considera una mujer muy trabajadora, luchadora y emprendedora.
Ella solicita el crédito para la compra D. calzados, con lo cual podrá tener más variedad D. productos para ofrecer a sus clientes. Agradece a la Fundación y a kiva por la oportunidad que le dan

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
  • 89
    View loans »
    Paraguay Loans Fundraising
  • $31,441,600
    Funds lent in using Kiva
  • 4,140.0
    Paraguay Guarani (PYG) = $1 USD

Success!! The loan was 100% repaid

A portion of Kuña Marangatu Group's $4,425 loan helped a member to buy footwear for later sale.
100% repaid
Repayment Term
5 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Sep 20, 2011
Listed
Nov 1, 2011
Currency Exchange Loss:
Covered
Ended:
Jan 15, 2012