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Kuña Rory Group
In this Group: Gricelda Ramona, Blanca Rosa, Mercedes, Zulma, Nancy, Dorita, Bienvenida, Marina, Sandra, Maria Teresa, Antonia, Agripina, Maria Rosa, Nancy, Lordes*
* not pictured
Thanks to their effort and work, Kuña Rory is now in its cycle #20. One of the group members is Mercedes who has a home-based hardware store. She relates that she already has a well-established clientele because her business is very well-stocked.

Mercedes is a very enterprising person who thanks to her efforts, to Fundación Paraguaya and to support from her group is getting ahead. She’s asking for a loan to buy supplies like tools, paint and others for her hardware store in order to stock it well.
View original language description ↓
Kuña Rory gracias a su trabajo y esfuerzo están ya en el ciclo numero 20. Una de las integrantes del grupo es la Sra. Mercedes ella tiene una ferretería en su casa, y cuenta que ya tiene muy buena clientela, pues su negocio es muy bien surtido.
La Sra. Mercedes es una persona muy emprendedora y que gracias a su esfuerzo y también a fundación paraguaya y su grupo de amigas está saliendo.
Mercedes solicita el crédito para la compra de insumos para su ferretería, como ser herramientas, pinturas y demás, para poder surtir bien su negocio.

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
  • 4,340.0
    Paraguay Guarani (PYG) = $1 USD

Success!! The loan was 100% repaid

A portion of Kuña Rory Group's $5,050 loan helped a member to buy tools, paint and others.
100% repaid
Repayment Term
6 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jun 20, 2012
Listed
Jul 26, 2012
Currency Exchange Loss:
Covered
Ended:
Nov 15, 2012