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Kuña Renda 2 Group
In this Group: Catalina , Laura , Teodolina , Rosana , Francisca , Elida , Isidora , Nilda , Valeriana , Maria , Norma , Silvina , Maria , Zully , Maria
"Kuña Renda" is a group that consists of 15 women who decided to form a solidarity committee. Each member has the desire to succeed and they are currently in their fourth loan cycle. They are hardworking, unified, and responsible.


One of the members is Sra. Maria. She says that with great effort, she has been able to move forward and make progress in her business. Maria sells beverages of all types and indicates that she started out with a small business. To this day, she has been able to continue growing. She approached Fundación Paraguaya and Kiva in order to request a loan. She wants to invest in the purchase of beverages to restock her business. She is grateful for the opportunity to make progress which she and her friends have received.

View original language description ↓
El comité Kuña Renda es un grupo integrado por 15 señoras que decidieron formar un comité solidario, cada una con un sentimiento de superación están actualmente en el 4to. Son muy trabajadoras, unidas y responsables.
Una de las integrantes es la señora Maria, quien nos comenta que con mucho esfuerzo ha podido salir adelante e ir progresando en su negocio. Ella se dedica a la venta de bebidas de todo tipo y cuenta que había empezado con un pequeño negocio, opero que hoy en día ya ha podido ir creciendo. Ella acude a la fundación y a kiva para solicitar un crédito, el cual desea invertir en la compra de bebidas, para poder abastecer su negocio.
Ella agradece por la oportunidad de progreso que ellas y sus amigas estan 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

  • $4,555
    Average annual income
  • 18
    View loans »
    Paraguay Loans Fundraising
  • $29,405,000
    Funds lent in using Kiva
  • 4,310.0
    Paraguay Guarani (PYG) = $1 USD

Success!! The loan was 100% repaid

A portion of Kuña Renda 2 Group's $3,800 loan helped a member to buy beverages for eventual resale.
100% repaid
Repayment Term
6 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jan 27, 2012
Listed
Feb 27, 2012
Currency Exchange Loss:
Covered
Ended:
Jun 15, 2012