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Kuña Guapa Group
In this Group: Carmen, Josefina , Carmen , Francisca , Sandra , Avelina , Tomasa , Ramona , Elba , Rocio , Josefina , Benita , Yenni
The group was formed with the members from another group, as they decided to work together, and through that work be able to move forward, and help one another. The communal bank is in the second loan cycle under the program. All of them are working in an environment of help and cooperation.

Carmen is a member of the communal bank. She is 33 years old, and married to José. They have five children. Carmen sells cakes from her home. She says that by means of her work, and thanks to the good sales she has, she is able to help her husband with the household expenses, and that way make these easier to bear. She wants her children to be good people, and have a profession.

She is applying for the loan to buy flour, eggs, lard, etc. With these, she will be able to continue making the cakes that she sells.
View original language description ↓
El grupo se formo con las integrantes de otro grupo, ya que decidieron trabajar juntas y por medio de ese trabajo poder salir adelante y de esa forma ayudarse las unas a las otras. El comité actualmente se encuentra en el segundo ciclo del programa, todas ellas trabajan en un ambiente de ayuda y cooperación.
La Sra Carmen es una integrante del comité, tiene 33 años de edad ,está casada con el Sr Jose, juntos tienen 5 hijos. La Sra Carmen se dedica a la venta de tortas en su domicilio. Dice que por medio de su trabajo y gracias a la buena venta que tiene puede ayudar a su marido con los gastos de la casa y de esa forma hacer que sea mas llevadero. Ella desea que sus hijos el día de mañana sean personas de bien y con una profesión.
Solicita el credito para comprar harina, huevos, mantecas, etc. Con los cuales podrá seguir haciendo las tortas 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
  • 71
    View loans »
    Paraguay Loans Fundraising
  • $30,816,725
    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 $2,175 loan helped a member to buy flour, eggs, lard, etc. for making cakes.
100% repaid
Repayment Term
5 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Dec 20, 2011
Listed
Jan 4, 2012
Currency Exchange Loss:
Covered
Ended:
Apr 15, 2012