Check out some available loans that are similar to this one!
Kyrey Group
In this Group: Juana Maria, Marciana , Liz , Mercedes , Sixta , Maria , Marciana , Marina , Rossana , Antonia , Zunilda , Nancy , Catherin , Rebeca *, Sonia *
* not pictured
The Kyrey communal bank is maD. up of 15 members in the city of Lambaré. All are women who want to progress in life and who are, above all, very hardworking. They are working to secure a better future for their families through group effort and thanks to the support of the Fundación and Kiva.

One of the members is Sra. Sixta who sells all kinds of clothing such as shirts, T-shirts, pants and other items. She tells us that she always has a large variety of merchandise and for that reason people always buy from her. Thanks to her good service and the variety she offers she has a well established clientele. Consequently she has, in a manner of speaking, a steady income.

She is requesting a loan from Fundación Praguaya in order to buy summer clothing since the season is approaching and she wants to get her merchandise in and have a good supply on hand. The other members of the communal bank, along with Sixta, are very grateful for the help they are receiving.
View original language description ↓
El comité Kyrey está formado por 15 integrantes D. la ciudad D. Lambaré, todas ellas son mujeres con ganas D. progreso y por sobre todo muy luchadoras. Trabajan por lograr un futuro mejor para sus familias por medio del trabajo en conjunto y gracias al apoyo D. la fundación y D. Kiva.
Una D. las miembros es la señora Sixta, ella se dedica a la venta D. prendas D. todo tipo, como ser camisas, remeras, pantalones y otros tipos D. ropas. Nos cuenta que siempre tiene mucha variedad por lo que siempre las personas compran D. ella. Gracias a su buena atención y a la variedad que tiene ya pudo formarse una clientela bien definida, por lo que tiene, por decirlo D. una forma, un ingreso fijo.
Ella solicita la ayuda D. fundación paraguaya para la compra prendas D. verano, ya que esa estación está próxima y quiere abastecerse parta tener un buen stock D. ellas. Sus compañeras al igual que Sixta están muy agradecidas por la ayuda que reciben.

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
  • 77
    View loans »
    Paraguay Loans Fundraising
  • $29,572,900
    Funds lent in using Kiva
  • 4,215.0
    Paraguay Guarani (PYG) = $1 USD

Success!! The loan was 100% repaid

A portion of Kyrey Group's $1,950 loan helped a member to purchase summer clothing for later sale.
100% repaid
Repayment Term
5 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Oct 10, 2011
Listed
Nov 11, 2011
Currency Exchange Loss:
Covered
Ended:
Feb 15, 2012