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Caacupe Poty 1 Group
In this Group: Marilu , Maria, Gabriela , Patricia , Estelvina , Celia , Virginia , Adelaida , Blanca , Elvira , De Las Nieves *, Elba *
* not pictured
The women who belong to this group are from the town of Caacupé. They are very happy with the support they receive from Fundación Paraguaya and Kiva. They are expanding their small businesses and increasing their income which provides them with a better standard of living.

One of the members is Sra. Virginia who is a seamstress. Because of this difficult job she has been able to help her family get ahead and cover household costs. She calls herself a simple, honest, and hardworking woman who wishes to continue growing her business so she can help her family. Virginia is seeking a loan to buy fabric, buttons, zippers, and other supplies so she can fulfill her customers’ orders.
View original language description ↓
Las mujeres del presente comité son de la cuidad de Caacupé. Las señoras están muy satisfechas con el apoyo que les está brindando la Fundación Paraguaya y Kiva. Ellas están aumentando sus pequeños negocios y así también sus ingresos para una mejor calidad de vida. Se encuentran en el ciclo numeron 1 con sus 12 integrantes.
Una de las miembros es la señora Virginia, quien nos comenta que se dedica a la costura. Ella por medio de su arduo trabajo ha podido salir adelante y ayudar a su familia, cubriendo los gastos que surgen. Ella se define como una persona humilde, honesta y muy luchadora, desea poder seguir creciendo para poder seguir ayudando a su familia.
Virginia solicita el crédito para la compra de telas, hilos, botones, cierres y demás insumos necesarios para poder cumplir con la demanda de 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

  • $8,400
    Average annual income
  • 92
    View loans »
    Paraguay Loans Fundraising
  • $30,964,825
    Funds lent in using Kiva
  • 4,435.0
    Paraguay Guarani (PYG) = $1 USD

Success!! The loan was 100% repaid

A portion of Caacupe Poty 1 Group's $1,500 loan helped a member to buy fabric, buttons, zippers, and other supplies.
100% repaid
Repayment Term
6 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Nov 22, 2011
Listed
Dec 19, 2011
Currency Exchange Loss:
Covered
Ended:
Apr 15, 2012