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Ikatu Group
In this Group: Graciela, Fatima , Celia , Nilda , Nelida , Anita , Olinda , Maria , Gertrudis , Veronica , Romina , Gerarda , Pabla , Paola *, Laura *, Cyntia *
* not pictured
The group “Ikatu” is a committee of 16 women who are well-organized, unified, hardworking, and supportive of one another. These women are from the city of Villarrica and are all neighbors and friends. They have joined together so that they can provide support and help one another as they continue to improve their quality of life each day. These women are excited about their continued participation in a microcredit program so that they can improve their businesses and generate more income.


One of these women is Sra. Graciela, who makes crafts from “ao po’i”, a traditional Paraguayan woven fabric. She is requesting a loan so that she can buy thread, needles, fabrics, and other supplies in order to continue producing her crafts.

View original language description ↓
El grupo “IKATU” es un comité de 16 mujeres que son muy bien organizadas, unidas, trabajadoras y solidarias unas con otras. Estas señoras son de la ciudad de Villarrica, todas son vecinas y amigas. Se reúnen para brindarse apoyo y ayuda unas a otras para seguir mejorando día a día su calidad de vida.
Estas señoras están animadas por seguir participando de este programa de microcrédito, para así mejorar sus actividades y generar más ingresos. Una de estas mujeres es la Sra. Graciela quien hace artesanía en Ao poi, la cual es un tejido típico paraguayo.
Ella solicita el crédito para la compra de hilos, agujas, telas y demás insumos para poder seguir haciendo sus artesanías.

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
  • 92
    View loans »
    Paraguay Loans Fundraising
  • $30,816,725
    Funds lent in using Kiva
  • 4,454.9
    Paraguay Guarani (PYG) = $1 USD

Success!! The loan was 100% repaid

A portion of Ikatu Group's $3,775 loan helped a member to buy thread, needles, fabrics, and other supplies.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Sep 14, 2012
Listed
Oct 13, 2012
Currency Exchange Loss:
Covered
Ended:
Apr 17, 2013