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Kuña Guapa Group
In this Group: Juliana , Nidia , Maria, Ursula , Amada , Benancia , Mirian , Romina , Irmina , Cecilia , Nora , Gladys , Gladys , Cris , Shirley
The Kuña Guapa communal bank is in its 17th cycle in the Program for Enterprising Women with the Fundación Paraguaya. They have 15 members, and they are from the Asunción zone. They are very hard-working and tenacious women who put forth great effort to give their children and families all of the best.

Gladys is one of these women. She sells embroidered slippers. She says that it is going very well for her. These are very much in fashion lately, and they are sold a lot. Thanks to having good work she was able to form good clientele. This is very helpful.

She is requesting the loan to buy slippers, pearls, sequins, and thread to embroider the slippers.

She is grateful to the Fundación and to Kiva for the help they are receiving.
View original language description ↓
El comité “Kuña Guapa” se encuentra en el décimo séptimo ciclo del programa de Mujeres Emprendedoras de la Fundación Paraguaya, cuenta con 15 integrantes, de la zona de Asunción. Ellas son mujeres muy trabajadoras y luchadoras que se esfuerzan por dar a sus hijos y familiares todo lo mejor.
Gladys es una de estas mujeres, ella se dedica a la venta de zapatillas bordadas y comenta que le va muy bien, pues estas están muy de moda últimamente y son muy vendidas. Gracias a que tiene muy buenas obras ya pudo formarse una buena clientela, lo cual le es de mucha ayuda.
Ella solicita el crédito para la compra de zapatillas, perlas, lentejuelas, hilos para bordar las zapatillas. Ella agradece a la fundación y a Kiva por la ayuda que están recibiendo.

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
  • 89
    View loans »
    Paraguay Loans Fundraising
  • $31,441,600
    Funds lent in using Kiva
  • 4,610.0
    Paraguay Guarani (PYG) = $1 USD

Success!! The loan was 100% repaid

A portion of Kuña Guapa Group's $3,675 loan helped a member to buy slippers, pearls, sequins, thread, and other supplies.
100% repaid
Repayment Term
6 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Dec 22, 2011
Listed
Jan 24, 2012
Currency Exchange Loss:
Covered
Ended:
May 16, 2012