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Kuña Guapa Group
In this Group: Cynthia Veronica, Antonia , Eva , Rossana , Flora , Cynthia , Lidia , Angelina , Liliana , Eduvijis , Evangelista , Maria *
* not pictured
This communal bank was formed by the members of another group that had worked previously with the foundation. The group currently is in its second loan cycle in Fundación Paraguaya's program for women entrepreneurs, and they want to be able to go all the way to the highest level of the program.

Cynthia is a member of the bank. She is 21 years old and single, and has two daughters. She works selling food in her home and she tells us that it is going very well for her because her neighbors come to her to be able to buy the food she prepares. She says that everything she does is to give her daughters a future of dignity, since she is alone.

She is requesting the loan to buy shells for "empanadas" [small pies] , mayonnaise, vegetables, etc., which are the essential ingredients for the food she sells.
View original language description ↓
El presente comité se formó con las miembros de otro grupo que anteriormente trabajaba con la fundación. El grupo actualmente se encuentra en el segundo ciclo del programa de mujeres emprendedoras de la fundación Paraguaya y desean poder llegar al máximo nivel del programa.
La Sra. Cynthia es integrante del comité, tiene 21 años de edad, es soltera, y tiene 2 hijas. Ella se dedica a la venta de comestible en su domicilio y nos cuenta que le va muy bien, puesto que sus vecinos acuden a ella para poder comprar los alimentos que prepara. Ella dice que todo lo que hace es por darles a sus hijas un futuro digno, ya que ella se encuentra sola.
Pide el crédito para la compra de discos de empanadas, mayonesas, verduras, etc., los cuales son los ingredientes esenciales para los alimentos que vende.

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
  • 101
    View loans »
    Paraguay Loans Fundraising
  • $31,568,700
    Funds lent in using Kiva
  • 4,400.0
    Paraguay Guarani (PYG) = $1 USD

Success!! The loan was 100% repaid

A portion of Kuña Guapa Group's $1,950 loan helped a member to buy pie shells, mayonnaise, vegetables, etc.
100% repaid
Repayment Term
6 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Dec 23, 2011
Listed
Jan 9, 2012
Currency Exchange Loss:
Covered
Ended:
May 16, 2012