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Guayaibyty Poty. Group
In this Group: Mirta Elizabeth, Barbara , Eugenia , Liz , Maxima , Maura , Luz , Aparicia , Elodia , Norma , Maria *
* not pictured
In the city of Paraguarí, a group of women gathered together with the intention of learning more about Fundación Paraguaya. After their meeting, they found the program to be quite interesting so they decided to form a committee. The group chose the name Guayaibyty Poty, since it is the neighborhood in which they live. They made the commitment to stay united as a group and to work in an environment of mutual respect. The group is in its third loan cycle and has earned an excellent rating. There are 11 women in this group.


One of the members is Sra. Norma. She manages a well-stocked food pantry. Norma says that thanks to her business and the good service she provides, she has been able to continue growing. She is doing very well since most of her neighbors come to her business.


Norma is requesting a loan to buy sugar, noodles, rice, and other basic necessities. She says the loan will be a great help to her business so that she can satisfy her customers.

View original language description ↓
En la Ciudad de Paraguarí, se reúne un grupo de mujeres con el fin de conocer más sobre la Fundación Paraguaya, luego de esa reunión les gusto bastante interesante, es por eso que ellas decidieron realizar la reunión para formar el comité. El grupo lleva por nombre Guayaibyty Poty, debido a que así se llama la compañía en que viven ellas, han asumido el compromiso de mantener unido el grupo y trabajar bajo un marco de respeto mutuo, actualmente se encuentran en el tercer ciclo con calificación excelente, integrado por 11 mujeres.
Una de las miembros es la señora Norma, quien tiene una despensa bien surtida. Comenta que gracias a su negocio y a la buena atención que le da es que ha podido seguir creciendo. Dice que le va muy bien, ya que la mayoría de sus vecinos acuden hasta su negocio.
Ella solicita el crédito para la compra de azúcar, fideos, arroz, y demás artículos de primera necesidad. Comenta que esto le será de gran ayuda en su negocio para poder cumplir con 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
  • 55
    View loans »
    Paraguay Loans Fundraising
  • $29,518,125
    Funds lent in using Kiva
  • 4,390.0
    Paraguay Guarani (PYG) = $1 USD

Success!! The loan was 100% repaid

A portion of Guayaibyty Poty. Group's $2,275 loan helped a member to buy sugar, noodles, rice, and other basic necessities.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Nov 16, 2011
Listed
Dec 17, 2011
Currency Exchange Loss:
Covered
Ended:
Jun 15, 2012