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Kuña Aty Joayhu Group
In this Group: Venerada Antonia, Nancy , Erenia , Alicia , Martha , Lidia , Francisca , Adelaida , Isabel , Zulma , Maria, Raquel , Elisa , Ana , Gabriela , Olga
The Kuña Aty Joayhu women's communal bank was formed in July 2010 thanks to Nancy, who convinced some friends who were already part of another group to form a new one. Later they got in touch with the advisor to form the bank. Currently they are in the fifth cycle of the program for women entrepreneurs.

Nancy tells us that she works selling a variety of clothing, because she always varies the clothes she sells according to the season. Through the sales she obtains the means to help her family and give them a decent lifestyle without deprivation. Her desire is to be able to continue with her business and in this way be able to continue helping her family. This is why she is requesting the loan to buy summer clothes, because she wants to stock up and have a good variety to offer her customers.

She is grateful to Fundación Paraguaya and to Kiva for the opportunity they are giving her.
View original language description ↓
El Comité de Mujeres de nombre Kuña Aty Joayhu, se conformo en julio del 2010, gracias a la Sra. Nancy quien convenció a algunas compañeras que ya habian formado parte de otro grupo, a formar un nuevo grupo, luego contactaron con la asesora para la conformación del Comité. En estos momentos se encuentran en el 5° ciclo de programa de mujeres emprendedoras.
Nancy nos comenta que se dedica a la venta de prendas variadas, ya que siempre varia las prendas que vende de acuerdo a la estación del clima. por medio de las ventas ella obtiene los medios para ayudar a su familia y darle un estilo de vida decoroso, sin privaciones. Su deseo es poder seguir en su negocio y de esa forma poder seguir ayudando a su familia. Es por ello que pide el crédito, para la compra de prendas de verano, ya que quiere surtirse y tener buena variedad que ofrecer a sus clientes.
Agradece a la fundación paraguaya y a kiva por la oportunidad que estas le dan.

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
  • 70
    View loans »
    Paraguay Loans Fundraising
  • $28,761,950
    Funds lent in using Kiva
  • 4,520.0
    Paraguay Guarani (PYG) = $1 USD

Success!! The loan was 100% repaid

A portion of Kuña Aty Joayhu Group's $3,475 loan helped a member to buy summer clothing to sell.
100% repaid
Repayment Term
6 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Dec 15, 2011
Listed
Jan 13, 2012
Currency Exchange Loss:
Covered
Ended:
May 15, 2012