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Sosa Kue Group
In this Group: Esperanza, Arminda, Mirna, Sandra, Amelia, Hermenegilda, Liz, Miryan, Mariana, Rossana, Blanca
The Sosa Kue communal bank is comprised of 11 women who live in the same community. They devote themselves to various business activities, but most of them work in general sales. The members of the group are very happy with their results.

Blanca is one of the members. She sells costume jewelry like bracelets, necklaces, and earrings. They are very pretty and creative, and she sells them at a price that is accessible for women who like to dress well.

The requested loan will be to invest in her own business by purchasing thread, various colors of glass beads, and charms, etc.
View original language description ↓
El comité Sosa Kue esta integrado por 11 mujeres que viven en la misma comunidad y se dedican a actividades varias pero, la mayoría se dedican a las ventas en general. Las integrantes del grupo se encuentran muy satisfechas con los resultados.
Una de las integrantes la señora Blanca se dedica a la venta de Bijouteries como pulseras, collares, aros muy lindos, creativos a un precio accesible para las mujeres que les gusta vestir bien.
El crédito solicitado sería para re invertir en su propio negocio comprando hilos, canutillos de varios colores, dijes, etc.
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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
  • 93
    View loans »
    Paraguay Loans Fundraising
  • $30,964,825
    Funds lent in using Kiva
  • 4,435.0
    Paraguay Guarani (PYG) = $1 USD

Success!! The loan was 100% repaid

A portion of Sosa Kue Group's $2,150 loan helped a member to buy thread, various colors of glass beads, pendants, and charms, etc.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jul 31, 2012
Listed
Sep 9, 2012
Currency Exchange Loss:
Covered
Ended:
Feb 15, 2013