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Kuña Pyapy Mbarete Group
In this Group: Sonia Raquel, Flora , Hilda , Juliana , María , Araceli , Laura , Andresa , María , Ricarda , Zaida , Ilse , Elisa , Basilisa *, Cándida *, Elena *
* not pictured
This communal bank is called “Kuña Pyapy Mbarete”, as the women who belong to it are hard-working and determined. It is made up of 17 very active and supportive women who are all neighbors. Currently they are in the first cycle of the Fundación Paraguay program, and their goal is to reach the highest level.

Araceli is one of these woman. She is a modest person, but above all, very hard-working. She sells various brands of cosmetics, and it is going very well, as thanks to the quality of her products, and her good prices, she already has a well-established clientele.

Her goal is to have a store where she can offer more products to sell to her customers. She is asking for help from the Foundation and from Kiva to buy cosmetics, so she will be able to have more variety to offer her customers.
View original language description ↓
El comité se denomina “Kuña Pyapy Mbarete”, pues las mujeres que la integran son muy trabajadoras y luchadoras, está integrado por 17 señoras muy activas y solidarias quienes son todas vecinas de barrio.
Actualmente están en el primer ciclo del programa de la fundación paraguaya y su meta es llegar al máximo nivel.
Araceli es una de estas mujeres, ella es una persona humilde pero por sobre todo muy trabajadora. Ella se dedica a la venta de cosméticos de variadas marcas, en lo que le va muy bien, pues gracias a la calidad de sus productos y a sus buenos precios ya tiene una clientela bien formada. Su meta es pode tener muna tienda donde poder ofrecer más productos para ofrecer a sus clientes.
Ella pide la ayuda de la fundación y de Kiva para la compra de cosméticos, con lo cual podrá tener más variedad para ofrecer a sus clientes.

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
  • 77
    View loans »
    Paraguay Loans Fundraising
  • $29,572,900
    Funds lent in using Kiva
  • 4,620.0
    Paraguay Guarani (PYG) = $1 USD

Success!! The loan was 100% repaid

A portion of Kuña Pyapy Mbarete Group's $2,025 loan helped a member to buy cosmetics to sell.
100% repaid
Repayment Term
5 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Dec 22, 2011
Listed
Jan 24, 2012
Currency Exchange Loss:
Covered
Ended:
Apr 15, 2012