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Akarapuara Group
In this Group: Carmen, Lucia, Águeda, Dora, Zulma, Nancy, Purificación, Perla, Silvina, Zunilda
The Akarapuara Group is comprised of 10 women from the city of Curuguaty and they are now in their second loan cycle. With a lot of effort and sacrifice, they are getting ahead and they are supporting each other. This is a very close-knit group that is known for hard work.

Lucia has a store in which she works every day and she begins working early in the morning. She always has a lot of customers at all hours. Thanks to her good attitude and her great customer service, she has managed to get ahead.

She is seeking a loan so that she can buy supplies to stock her shelves. She needs milk, sausages, cheese, noodles, sugar, and other supplies, since these are the most purchased items.
View original language description ↓
El grupo Akarapuara está integrado por 10 mujeres de la ciudad de Curuguaty, que actualmente se encuentran en el segundo ciclo y con mucho esfuerzo y sacrificio están saliendo adelante y se están ayudando las unas a las otras. Es un grupo muy unido y que se destaca por el trabajo que hacen.
Lucia tiene una despensa en la que trabaja todos los días desde muy tempranas horas del día, ya que siempre y a toda hora tiene muchos clientes. Gracias a su buena onda con sus clientes ha logrado salir adelante.
Ella solicita el crédito para la compra de insumos para llenar su despensa, con leche, embutidos, queso, fideos, azúcar y demás insumos, ya que son los que más salida tienen.

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
  • 17
    View loans »
    Paraguay Loans Fundraising
  • $29,311,225
    Funds lent in using Kiva
  • 4,570.0
    Paraguay Guarani (PYG) = $1 USD

Success!! The loan was 100% repaid

A portion of Akarapuara Group's $1,400 loan helped a member to buy milk, sausages, cheese, noodles, sugar, and other supplies.
100% repaid
Repayment Term
9 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
May 24, 2012
Listed
Jun 25, 2012
Currency Exchange Loss:
Covered
Ended:
Jan 15, 2013