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Kuña Kyrey Group
In this Group: Antonia Griselda, Elodia, Francisca, Bernardina, Francisca, Areopagita, Emiliana, Isabel, Fidelina, Amalia, Pabla, Fatima, Amalia, Catalina
The lending group "Kuña Kyrey" is in its second cycle with 14 members. The group is known in the neighborhood for being very united, supportive and responsible, as the women are learning to work together and progress together.

Antonia is the president of the group and she tells us that she works selling all types and all brands of clothing. Thanks to the variety of products that she offers to her clients this work is going very well. She dreams of having a large business where she can continue to help her family, providing them with a good quality of life.

She is asking for this loan to buy winter clothing, as the cold season is coming and she wants to have a good variety of products to offer her clients.
View original language description ↓
El comité se llama” Kuña Kyrey“ están en el segundo Ciclo con 14 integrantes , es un grupo que se destaca en el barrio por ser muy unidas solidarias y responsables, están aprendiendo a trabajar juntas y de esa forma ir progresando juntas.
Antonia es la presidenta del grupo y cuenta que se dedica a la venta de ropas de todo tipo y de todas marcas, gracias a la variedad que ofrece a sus clientes le está yendo muy bien. Sueña con tener un gran negocio donde pueda seguir ayudando a su familia y dándoles un buen estilo de vida.
Ella solicita el crédito para la compra de prendas de invierno, ya que se acerca la época de frío y quiere tener buena variedad que ofrecer 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
  • 46
    View loans »
    Paraguay Loans Fundraising
  • $30,204,950
    Funds lent in using Kiva
  • 4,340.0
    Paraguay Guarani (PYG) = $1 USD

Success!! The loan was 100% repaid

A portion of Kuña Kyrey Group's $2,350 loan helped a member to buy winter clothing to sell.
100% repaid
Repayment Term
5 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jun 21, 2012
Listed
Jul 27, 2012
Currency Exchange Loss:
Covered
Ended:
Oct 15, 2012