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Kuña Pora Group
In this Group: Rosa Virginia, Patricia Angelica, Rosa, Shirley Patricia, Porfiria, Maria Magdalena, Susana Mabel*, Valeria Agustina, Viviana, Noelia Andrea, Gilda Magdalena, Fernanda Anahi*, Rosa Liz Maciel
* not pictured
The 'Kuña Pora' group is from the city of Concepción. It has 13 members who each have a small business in which they work. The ladies are very excited as the group will help them to improve.

Gilda is a member of this group. She says that her business is selling clothing and her work is very difficult as she has a lot of competition. For this reason, she always tries to innovate in order to continue making progress. She also tries to have a better range of products in order to attract customers. She is requesting this loan to invest in buying all kinds of clothing so that she can continue offering a good range to her customers.

All the members of this group are grateful for the opportunity that they are receiving.
View original language description ↓
El grupo Kuña Pora es de la ciudad de Concepción, tiene 13 integrantes en donde todas tienen una pequeña actividad en la cual se trabajan por más pequeña que esta sea. Las señoras se sienten muy emocionadas, ya que el grupo les ayudará a mejorar.
Gilda miembro de este grupo, comenta que se dedica a la venta de prendas, su trabajo es muy difícil, ya que tiene mucha competencia, y es por eso que ella siempre trata de innovar para salir adelante y tener mejor variedad para atraer a clientela. Ella solicita de este crédito para poder invertirlo en la compra de prendas de toda variedad para poder seguir ofreciendo una buena variedad a sus clientes.
Agradecen todas las miembros por la gran oportunidad que están recibiendo.

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
  • 75
    View loans »
    Paraguay Loans Fundraising
  • $30,204,950
    Funds lent in using Kiva
  • 4,459.9
    Paraguay Guarani (PYG) = $1 USD

Success!! The loan was 100% repaid

A portion of Kuña Pora Group's $3,350 loan helped a member to buy clothing to sell.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Oct 30, 2012
Listed
Nov 21, 2012
Currency Exchange Loss:
Covered
Ended:
May 17, 2013