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Kuña Aty Group
In this Group: Francisca, Miguelina, Claudia, Maria*, Epifania, Ignacia, Guardina, Agustina, Eduvigis, Felicita, Mariela, Hilaria, Mirian, Feliciana, Olga
* not pictured
View original language description ↓
This is a committee of 15 working women in the San Francisco Neighborhood in the city of Caacupe. Most of them make and sell “chipas,” and others have little kiosks or small stores. Currently, they are in the 8th cycle of the committee program of Women Entrepreneurs, and they are being benefited by a credit of 1,000,000 Gs the equivalent of 217 dollars for each member.



The committee started with the initial reunions of Mrs. Felicita L., who was in charge of gathering the women to be members. Two of the many characteristics of this group is their punctuality in their payments and their savings.



This committee is part of a group of 3 committees of Women Entrepreneurs that gathered under the supervision of the Caacupe office of Paraguayan Foundation, with the objective of cleaning abandoned lots, the streets and alleys in their neighborhood, on order to stop the breeding of mosquitoes. There are many infectious diseases transmitted by these insects.



The women are soliciting this credit to invest in their businesses.



Translated from Spanish by Ana Escalante Kiva volunteer



El comité está compuesto por 15 señoras trabajadoras del barrio San Francisco de la ciudad de Caacupé, la mayoría se dedica a la elaboración y venta de chipas, otras poseen despensas y kioscos. Actualmente el grupo se encuentra en el 8 ciclo del programa de comité de Mujeres Emprendoras, y la misma están siendo beneficiadas con un crédito promedio de G. 1.000.000 cada integrante.



El comité se inició con las primeras reuniones en la casa de la señora Felicita López, quién fue la encargada de convocar a las señoras. Una de las características del grupo es la puntualidad en el pago de sus cuotas y sus ahorros.



El comité actualmente es parte integrante de un grupo de 3 comités de Mujeres Emprendedoras que se unieron bajo la supervisión de la oficina de Caacupé de la Fundación Paraguaya, con el fin realizar limpieza de patios baldíos, veredas, calles de sus barrios con la finalidad de eliminar criaderos de mosquitos ya que existen diversas enfermedades que se transmiten con la picadura de estos insectos.



Las señoras solicitan el crédito para invertirlos en sus negocios.

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
  • 41
    View loans »
    Paraguay Loans Fundraising
  • $28,194,900
    Funds lent in using Kiva
  • 4,693.4
    Paraguay Guarani (PYG) = $1 USD

Success!! The loan was 100% repaid

A portion of Kuña Aty Group's $3,200 loan helped a member para la compra de almidón, queso, aceite vegetal, así azùcar, carne, yerba, harina, leche, carbón, y bebidas de todo tipo.
100% repaid
Repayment Term
6 months (Additional Information)
Repayment Schedule
Monthly
Disbursed:
Feb 25, 2008
Listed
Feb 10, 2008
Currency Exchange Loss:
Covered
Ended:
Jun 12, 2008