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Yaguarón Poty Group
In this Group: Maria Isabel, Ramona, Lidia, Herma, Inocencia, María, Mercedes, Julia, Nilsa, Delia, Máxima, Blanca, Katerine, Maria*, Juana*
* not pictured
The communal bank Yaguaron Poty arose due to a meeting the members had with the Fundacion with the idea of getting to know more about the benefits offered by their program for entrepreneural woman which they found to be an excellent opportunity to improve their income,s become independent and pay their own expenses. All of them are committed to working very responsibly, with solidarity and mutual respect. Currently they are in their 7th cycle and are rated excellent. The group consists of 15 enterprising women who invest their loans in their respective business activities. One of the members is Señora Herma who is a dressmaker. She describes herself as a hardworking and selfsacrificing woman. She says that she starts her working day at a very early hour as she always has a lot of orders and is always very busy. Thanks to this business she has been able to get ahead with her projects as well as help her family.

She is asking for a loan to buy fabric which is essential to her work. She is grateful to the Fundacion as the loan will be of great help to her business.
View original language description ↓
El comité yaguaron poty surge a partir de la reunión de las integrantes con la fundación, con la idea de conocer más sobre los beneficios ofrecidos a través de su programa de mujeres emprendedoras, el cual les resultó una excelente oportunidad para mejorar sus ingresos e independizarse costeando sus propios gastos. Todas han asumido el compromiso de trabajar con mucha responsabilidad, solidaridad y respeto reciproco, actualmente se encuentran en el séptimo ciclo con calificación excelente, está integrado por 15 emprendedoras señoras quienes invierten sus préstamos en sus respectivas actividades.
Una de las miembros es la señora Herma, ella es modista. Ella se define como una mujer trabajadora, sacrificada. Dice que empieza su jornada de trabajo a muy tempranas horas ya que siempre tiene muchos pedidos y siempre está muy atareada. Gracias a este trabajo ella ha podido salir adelante con sus proyectos y también ayudar a su familia.
Ella solicita el crédito para la compra de telas, lo cual es el elemento esencial de su trabajo. Está agradecida con la fundación pues el crédito le será de mucha ayuda en su emprendimiento.

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
  • 71
    View loans »
    Paraguay Loans Fundraising
  • $29,572,925
    Funds lent in using Kiva
  • 4,170.0
    Paraguay Guarani (PYG) = $1 USD

Success!! The loan was 100% repaid

A portion of Yaguarón Poty Group's $3,900 loan helped a member to buy fabric for use in a sewing woorkshop.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Sep 26, 2011
Listed
Nov 1, 2011
Currency Exchange Loss:
Covered
Ended:
Apr 15, 2012