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Kuña Kyrey Group
In this Group: Justina , Eliodora , Beatriz , Lorena , Rosa , Griselda , Miguela , Maria , Basilica , Miguela , Maria *, Concepcion *
* not pictured
The name of the bank is Kuña Kyrey. They have made the commitment to maintain a close group, always working with a goal of mutual respect and responsibility. Currently they are in the fifth loan cycle with an excellent rating. The group is made up of 12 women members who invest in their jobs with the goal of improving their standard of living.

Basilica is one of the members of the group. She works in sewing and tells us that her work is very well regarded by her customers, so she already has been able to form a good clientele for herself. She is recognized in the neighborhood and tells us that her goal is to be able to continue growing and be a great micro-entrepreneur.

She is requesting the loan to buy fabric, thread, buttons, zippers, and other supplies necessary to be able to continue working and filling the customers' orders.
View original language description ↓
El comite lleva por nombre Kuña Kyrey, ellas han asumido el compromiso de mantener unida el grupo, trabajando siempre bajo un marco de respeto mutuo y responsabilidad de las mismas actualmente se encuentran en el quinto ciclo con calificaciión excelente, el grupo queda integrada por 12 mujeres que invierten en sus actividades con el fín de mejorar su nivel de vida.
Basilica es una de las miembros del grupo, ella se dedica a la costura, y nos comenta que sus trabajos son muy bien vistos por sus clientes, por lo que ya ha podido formarse una buena clientela. Ella es reconocida en el barrio y nos comenta que su meta es poder seguir creciendo y ser una gran microempresaria.
Solicita el crédito para la compra de telas, hilos, botones, cierres y demás insumos necesarios para poder seguir trabajando y cumpliendo con los pedidos de 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

  • $8,400
    Average annual income
  • 122
    View loans »
    Paraguay Loans Fundraising
  • $31,646,450
    Funds lent in using Kiva
  • 4,310.0
    Paraguay Guarani (PYG) = $1 USD

Success!! The loan was 100% repaid

A portion of Kuña Kyrey Group's $3,475 loan helped a member to buy fabric, thread, needles, and other supplies.
100% repaid
Repayment Term
6 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jan 31, 2012
Listed
Feb 28, 2012
Currency Exchange Loss:
Covered
Ended:
Jun 15, 2012