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Kuña Pyapy Mbarete Maria Auxiliadora Group
In this Group: Fatima Beatriz, Lilian , Julia , Marta , Rufina , Liliam , Lucia , Mirian , Mirta , Blanca , Maris , Nora , Victoriana , Antonia , María , Eulice , Lucia , Deisy , Cintia , Martina , Perla *, Nelida *, María *
* not pictured
The committee is called "Kuña Pyapy Mbarete" and is composed of 23 very active and supportive women. They are all friends and neighbors and want to progress and help their children and relatives. Their common goal is growth, both economical and personal.

Maris is one of the group members. She says that she sells various kinds of garments. She began with a small store, which thanks to her effort and sacrifice managed to succeed and grow. Her goal is to continue helping her family and at the same time growing her small business.

Maris turned to the microfinance institution Fundación Paraguaya and Kiva for financial support to buy garments of various qualities, which she will stock in her store in order to have a larger product range to offer to her customers.
View original language description ↓
El comité se denomina “Kuña Pyapy Mbarete”, está constituido por 23 señoras muy activas y solidarias, todas ellas son amigas y vecinas que quieren salir adelante y ayudar a sus hijos y familiares. Tienen como objetivo el crecimiento de todas ellas tanto en lo económico como en lo personal.
Maris, es una de las miembros del grupo, ella comenta que se dedica a la venta de prendas de variadas clases. Comenta que empezó con un pequeño negocio, pero que por medio de su esfuerzo y sacrificio ha logrado salir adelante e ir creciendo. Su meta es poder seguir ayudando a su familia y a la vez seguir creciendo como microempresaria.
Maris acude a la fundación y a kiva para la compra de prendas de variada calidad, con lo cual podrá abastecerse y de esa forma ofrecer mayor variedad 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
  • 17
    View loans »
    Paraguay Loans Fundraising
  • $29,311,225
    Funds lent in using Kiva
  • 4,380.0
    Paraguay Guarani (PYG) = $1 USD

Success!! The loan was 100% repaid

A portion of Kuña Pyapy Mbarete Maria Auxiliadora Group's $4,450 loan helped a member to buy clothes for later resale.
100% repaid
Repayment Term
6 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jan 24, 2012
Listed
Feb 26, 2012
Currency Exchange Loss:
Covered
Ended:
Jun 15, 2012