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Karanday Group
In this Group: Marina , Eligia , Nilda , Gladis , Eliza , Librada , Leonida , Eunice , Margarita , Lorena , Marina , Arcadia , Liz , Marciana , Nancy , Matilde , Celodonia , Manuela , Graciela , Elisa
The women who make up the well-established communal bank Karanday are very responsible. The are all from the city of Mariano Roque Alonso, and all of them are very hardworking women who want to get ahead and help their families through their work.

Marina is the president of the group. She is a very enthusiastic person and is highly motivated to make economic progress. She has a beauty salon in which she attends to her customers. She says that thanks to her work she has been able to help her family and provide them with what they need from day to day.

She is seeking this loan in order to buy hairspray, rollers, creams, shampoos, mouthwash and other supplies so that she can continue in her business and provide good service to her customers.
View original language description ↓
Las mujeres del comité Karanday es un grupo antiguo y muy responsable, de la ciudad de Mariano Roque Alonso, todas ellas son mujeres muy trabajadoras que desean salir adelante y ayudar a sus familias por medio de su trabajo.
Marina es la presidenta del grupo, ella es una persona muy entusiasta y con ganas de salir adelante y progresar. Tiene un salón de belleza, donde atiende a las personas que van hasta su negocio. Cuenta que gracias a su trabajo ayuda a su familia y les da lo que necesitan para un día a día sin privaciones.
Solicita el crédito para la compra de spray, ruleros, cremas, shampoo, enjuagues, y demás insumos para poder seguir trabajando y dando un buen servicio a sus clientes.

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
  • 18
    View loans »
    Paraguay Loans Fundraising
  • $29,405,000
    Funds lent in using Kiva
  • 4,490.0
    Paraguay Guarani (PYG) = $1 USD

Success!! The loan was 100% repaid

A portion of Karanday Group's $6,050 loan helped a member to buy hairspray, rollers, creams, shampoos, mouthwash and other supplies.
100% repaid
Repayment Term
7 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jun 15, 2012
Listed
Jul 18, 2012
Currency Exchange Loss:
Covered
Ended:
Dec 15, 2012