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Guarapi Group
In this Group: Blanca Rosalba , Genara , Ana , Maria , Teodora , Marcelina , Isabel , Patricia , Maria , Sonia
This communal bank goes by the name of "Guarapi", as this the name of the neighborhood where the members live. The group is in their second lending cycle as part of the Entrepreneurial Women program of Fundacion Paraguaya. They are very hard-working women, and they want to support their families by means of their work.

Blanca is the president of the group, and she tells us that she works doing event decorations. She provides decorations for all kinds of events, such as birthdays, parties and more, and she comments that things are going very well for her as she has a very good customer base.

She is requesting the loan to be able to invest it in her work. She wants to buy fabric, wide ribbons, balloons, etc., as these are the supplies that she uses most in her work.
View original language description ↓
El comité lleva por nombre Guarapi, debido a que asi se llama su barrio donde ellas vivenn, el grupo esta en el segundo ciclo del programa de mujeres emprendedoras de la fundacion paraguaya. Ellas son personas muy trabajadras y desean ayudar a sus familias por medio su trabajo.
Blanca es la presidenta del grupo, y nos comenta que se dedica a la decoracion, ella decora todo tipo de eventos, como ser cumpleaños, fiestas y demás, y comenta que le va muy bien, por que tiene ya muy buena clientela.
Ella solicita el crédito para poder invertirlo en su trabajo, quiere comprar telas, cinta ancha, globos, etc, pues estos son los insumos que más usa para su trabajo.

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
  • 44
    View loans »
    Paraguay Loans Fundraising
  • $29,537,050
    Funds lent in using Kiva
  • 4,260.0
    Paraguay Guarani (PYG) = $1 USD

Success!! The loan was 100% repaid

A portion of Guarapi Group's $1,300 loan helped a member to purchase fabric, wide ribbons, balloons, etc.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Feb 29, 2012
Listed
Mar 28, 2012
Currency Exchange Loss:
Covered
Ended:
Sep 15, 2012