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Kuña Katupyry Of Ita Group
In this Group: Amalfi, Nelida, Mary*, Lilian*, Felicita*, Maria, Antonia, Delia, Silvia, Zunilda, Luz, Patrocinia, Angela, Cirila, Maria
* not pictured
This group of women is named Kuña Katupyry of Ita, and it was begun in October 2006 by a woman who wanted to help her neighbors and friends increase the profits from their businesses. She gathered them together and now they are working with Fundación Paraguaya to increase their business capacities. They all work independently and sell things like groceries, clothing, cosmetics, and home goods.



At the moment the group is made up of 15 women entrepreneurs and was formed in the city of Capiata. They meet regularly to discuss business methods, learn about good business practices with a representative from Fundación Paraguaya, and support each others’ business and their families. Today, they are asking for a loan to increase their merchandise.

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
  • 51
    View loans »
    Paraguay Loans Fundraising
  • $28,602,050
    Funds lent in using Kiva
  • 4,677.0
    Paraguay Guarani (PYG) = $1 USD

Success!! The loan was 100% repaid

A portion of Kuña Katupyry Of Ita Group's $1,925 loan helped a member buying business goods like clothing, shirts, pants, perfumes, facial creams, food, meat, refreshments, and baking goods.
100% repaid
Repayment Term
5 months (Additional Information)
Repayment Schedule
Monthly
Disbursed:
Mar 22, 2008
Listed
Mar 6, 2008
Currency Exchange Loss:
Covered
Ended:
Jun 10, 2008