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Kuña Katupyry Group
In this Group: Florencia, Clotilde , Cresencia , Estelnina , Lorenza , Maria , Librada , Maria , Lourdes , Miguela
The “Kuña Katupyry” communal bank is a group in the city of Curuguaty. They are currently in their first loan cycle, with ten members who help one another, and work within a framework of respect and unity.

Florencia is one of the group members, and she has a retail business. She has a well-stocked grocery store, where she supplies all the people in her neighborhood. Florencia is a woman very eager to succeed and keep growing.

She is requesting the loan in order to continue the growth of her business, and that way be able to carry more products. She wants to supply her shop with drinks, baked goods, vegetables, cold cuts, canned goods and other products.

Florencia and her group are thankful for the help they are receiving from Kiva and Fundación Paraguaya.
View original language description ↓
El comité “Kuña Katupyry”, es un grupo de la ciudad de Curuguaty. Actualmente se encuentran en el primer ciclo, con diez integrantes, quienes trabajan dentro de un marco de respeto y unión, se ayudan las unas a las otras.
Florencia es una de las miembros del grupo, quien se dedica a las ventas. Ella tiene una despensa bien surtida, donde abastece a todas las personas de su barrio. Florencia es una mujer con muchas ganas de salir adelante y seguir creciendo.
Solicita el crédito para seguir creciendo con su negocio y de esa forma poder tener mayores productos, ya que quiere poder surtir su local con bebidas, panificados, verduras, embutidos, enlatados y demás. Florencia y su grupo agradecen por la ayuda que están recibiendo por parte de Kiva y fundación Paraguaya.

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
  • 71
    View loans »
    Paraguay Loans Fundraising
  • $30,816,725
    Funds lent in using Kiva
  • 4,480.0
    Paraguay Guarani (PYG) = $1 USD

Success!! The loan was 100% repaid

A portion of Kuña Katupyry Group's $1,250 loan helped a member to buy drinks, baked goods, vegetables, cold cuts, canned goods and other products.
100% repaid
Repayment Term
9 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
May 23, 2012
Listed
Jun 22, 2012
Currency Exchange Loss:
Covered
Ended:
Jan 15, 2013