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Kuña Kyrey Group
In this Group: Shirley Noemi, Leonida , Zulma , Sixta , Pablina , Armenia , Paula , Fatima , Mariela , Daniela , Zulma , Nilda , Martha *
* not pictured
The women's community bank Kuña Kyrey is beginning it's first cycle in which all of them work together and with solidarity within the program. They do jobs together and in this way are able to save a little, so that they can face whatever setbacks may arise.

Sixta is one of the community bank members who makes a living by sewing sheets and covers. She tells us that through her job she has been able to get her family ahead and help them to have a life without hardships or restrictions.

Sixta is asking for a loan to buy more fabric and to better stock up for her orders. In this way she will sell more sheet sets, so that she can earn a higher income and improve her and her family's standard of living.

Sixta is grateful to Fundación Paraguaya for the opportunity they've offered, since the work they do is very important and through them they will develop further and with fewer drawbacks to their work.
View original language description ↓
El Comité de Mujeres de nombre kuña kyrey está iniciándose en el 1er ciclo, en donde todas ellas trabajan en forma conjunta y solidaria dentro del programa. Ellas hacen trabajos juntas y de esa forma poder formar un pequeño ahorro para poder enfrentar cualquier contratiempo que pueda llegar a tener.
La señora Sixta es una de las integrantes del comité quien se dedica a la costura de sabanas y fundas, y nos comenta que mediante su trabajo ella ha podido sacar adelante a su familia y ayudarles a tener una vida sin privaciones ni limitaciones.
Sixta solicita el crédito para comprar mas telas y abastece mejor con sus pedidos de esta manera vende muchos más juegos de sabanas y así poder tener un mejor ingreso y mejorar su nivel de vida y el de su familia.
La señora Sixta agradece a la Fundación Paraguaya por la oportunidad brindada ya que las actividades que realizan es muy importante y mediante ella pudieron desarrollar mejor y con menos inconveniente 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

  • $8,400
    Average annual income
  • 93
    View loans »
    Paraguay Loans Fundraising
  • $31,419,450
    Funds lent in using Kiva
  • 4,320.0
    Paraguay Guarani (PYG) = $1 USD

Success!! The loan was 100% repaid

A portion of Kuña Kyrey Group's $1,700 loan helped a member to buy fabric.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Apr 24, 2012
Listed
May 28, 2012
Currency Exchange Loss:
Covered
Ended:
Nov 15, 2012