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Kuña Joaju Group
In this Group: Irene, Panfila , Lorenza , Paublina , Fatima , Nancy , Isabel , Justa , Isabelina , Maria *
* not pictured
The Kuña Joaju committee has a total of 10 members. All of them are very hardworking and enterprising women with few resources. They started the group among neighbors and friends, and now they are in their third cycle.

Irene is one of the members. She raises animals such as chickens and pigs. She remarks that her work is very hard, since it requires a lot of physical and mental effort. She has to be on call 24 hours a day so nothing will happen to her animals. Her goal is to keep working and thus keep being able to help her family.

She is asking for the loan to buy small pigs and feed for them and the other animals she has. She is grateful to the Foundation and to Kiva for the opportunity she is receiving, as many of them wouldn't have received these opportunities in other institutions.
View original language description ↓
El comité Kuña Joaju tiene el total de 10 integrantes, todas son mujeres muy trabajadoras y emprendedoras, de escasos recursos que formaron su grupo entre vecinas y amigas, actualmente ya están en el tercer ciclo.
Irene es una de las miembros, ella se dedica a la cría de animales, como ser pollos y chanchos. Comenta que es un trabajo muy sacrificado, ya que requiere de mucho esfuerzo, no solo físico, sino también mental. Debe de estar pendiente las 24 hs. De los animales que tiene para que no les pase nada. Su meta es poder seguir trabajando y con eso poder seguir ayudando a su familia.
Ella solicita el crédito para la compra de cerdos pequeños y alimentos para estos y los demás animales que tiene. Agradece a la fundación y a kiva por la oportunidad que están recibiendo, pues muchas de ellas en otras instituciones jamás la habrían recibido.

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
  • 93
    View loans »
    Paraguay Loans Fundraising
  • $30,930,425
    Funds lent in using Kiva
  • 4,600.0
    Paraguay Guarani (PYG) = $1 USD

Success!! The loan was 100% repaid

A portion of Kuña Joaju Group's $1,225 loan helped a member to buy small pigs to raise and also to buy feed for the animals.
100% repaid
Repayment Term
9 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Dec 21, 2011
Listed
Jan 21, 2012
Currency Exchange Loss:
Covered
Ended:
Aug 15, 2012