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Kuña Pyryry Group
In this Group: Madgalena , Maria , Pablina , Maria , Sergia , Rossana , Susana , Liliana , Blanca , Mary *, Silvina *
* not pictured
This communal bank has 11 members from the city of Encarnacion. They have been clients of the Fundacion Paraguaya for many years, and they have had excellent conduct. This group already has a lot of experience with group work because of the years that they have been working together. They meet every week to share, communicate and keep informed about all of the innovations that are generated within the group.

One of the members, Pablina, has a partner named Carlos and a son. She is a merchant who sells clothing. With the income she earns, she helps her husband with the household expenses. She joined the group from her neighborhood, because with the help that the Fundacion Paraguaya provides, she can continue to grow her business and in this way, continue to help her household.

She is requesting a loan to buy all types of winter clothing, because the cold weather season is approaching and she will have a lot of demand for these garments.

Pablina is grateful for the opportunity that she and her friends are receiving, because it will be a great help to her.
View original language description ↓
El comité está compuesto por 11 integrantes en la ciudad de Encarnación, son clientes hace muchos años con excelente conducta. El comité ya tiene mucha de experiencia en trabajo grupal, ya que años los que trabajan juntas, se reúnen cada semana para compartir, comunicar e interiorizarse de las novedades que se generan dentro del grupo.
Una de las integrantes, Pablina, está acompañada con Carlos es comerciante tienen 1 hijo. Pablina se dedica a la venta de ropa y con los ingresos que ella tiene ayuda a su marido en los gastos de su hogar , se integro al comité de su barrio para que con la ayuda que le brinda la Fundación Paraguaya pueda seguir creciendo y de esa forma seguir ayudando en la casa.
Solicita el crédito para la compra de prendas de invierno de todo tipo, ya que se acerca el tiempo de frio y tendrá mucha demanda de esas prendas. Agradece por la oportunidad que ella y sus amigas reciben, pues le será de mucha ayuda.

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
  • 112
    View loans »
    Paraguay Loans Fundraising
  • $31,595,250
    Funds lent in using Kiva
  • 4,570.0
    Paraguay Guarani (PYG) = $1 USD

Success!! The loan was 100% repaid

A portion of Kuña Pyryry Group's $2,075 loan helped a member to buy clothing to sell.
100% repaid
Repayment Term
6 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
May 24, 2012
Listed
Jun 26, 2012
Currency Exchange Loss:
Covered
Ended:
Oct 15, 2012