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Kuña Katypyry Group
In this Group: Floriana , Rossana , Dorotea , Angela , Melitona , Ambrosia , Delia , Petrona , Luz , Lucia , Faviana , Alicia , Veronica , Diana
The Encarnación Group came about as the result of the efforts of one of its members to contact the Fundación Paraguaya [Paraguay Foundation]. Currently, the group is in its 13th loan cycle, and has been working with the Foundation since 2007. The members are all friends and neighbors. They all see an opportunity to get ahead for each of them and their families. One of the members of the group is Dorotea. She has two children and is accompanied by Guillermo, who is a construction worker. Dorotea has sold clothing for several years. She says that she will use the loan she receives from the Foundation to purchase clothing, and that this time she is requesting a new loan to purchase more clothing, which she will use to supply her business, and in this way have more variety to offer her customers.
View original language description ↓
Este grupo de Encarnación surgió por contacto de una de las integrantes con la Fundación, el grupo se encuentra actualmente en el 13º ciclo y opera con la Fundación desde el año 2007. Ellas son todas amigas y vecinas y ven una gran oportunidad de progreso para ellas y sus familias.
Una de las integrantes del grupo es la Sra. Dorotea tiene 2 hijos esta acompañada con el Sr. Guillermo quien es Albañil y ella se dedica hace varios años a la venta de ropas. Cuenta la Sra. Dorotea que el crédito que recibe de la Fundación lo utiliza para la compra de prendas, y esta vez solicita nuevamente uno para la compra de más prendas, con lo cual podrá surtirse y de esa forma tener más variedad que 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
  • 74
    View loans »
    Paraguay Loans Fundraising
  • $28,760,275
    Funds lent in using Kiva
  • 4,160.0
    Paraguay Guarani (PYG) = $1 USD

Success!! The loan was 100% repaid

A portion of Kuña Katypyry Group's $4,150 loan helped a member to purchase clothing to sell.
100% repaid
Repayment Term
5 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Feb 9, 2012
Listed
Mar 17, 2012
Currency Exchange Loss:
Covered
Ended:
Jun 15, 2012