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Chore Poty Group
In this Group: Teodolina, Petronila, Magdalena, Aurora, Mariana, Juana, Leonarda, Elizaberth, Agueda, Dionicia, Martha*
* not pictured
The "Chore Poty" communal bank is increasingly making progress, and the members' work is proof of that. They're very active people with a great deal of drive to improve their businesses and therefore provide their families with what they need.
Juana is part of this group and she reports that she sells all types of candy. She's a very hardworking person who strives for her family's sake. She also helps her fellow members in any way she can, since she knows that they would do the same for her if she needed it.
Juana requests this loan in order to purchase candy for selling. That way she'll be able to keep on working and getting the necessary means to continue supporting her family.
View original language description ↓
El comité “Chore Poty” está mejorando cada vez más, y lo demuestra por medio del trabajo de sus miembros, son personas muy activas con grandes ganas de ir mejorando en lo que hacen y así dar a sus familias lo que necesitan.
Juana es parte de este grupo y cuenta que se dedica a la venta de todo tipo de dulces, es una persona muy trabajadora y que lucha por su familia. También ayuda en lo que puede a sus compañeras, ya que sabe que ellas harían lo mismo si ella necesitase.
Juana solicita de este crédito para la compra de dulces para la venta, y así podrá seguir trabajando y teniendo los medios que necesita para poder seguir ayudando a su familia.

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
  • 50
    View loans »
    Paraguay Loans Fundraising
  • $28,564,525
    Funds lent in using Kiva
  • 4,452.7
    Paraguay Guarani (PYG) = $1 USD

Success!! The loan was 100% repaid

A portion of Chore Poty Group's $2,400 loan helped a member to purchase candy for selling.
100% repaid
Repayment Term
11 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Oct 23, 2012
Listed
Nov 17, 2012
Currency Exchange Loss:
Covered
Ended:
Aug 17, 2013