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Comité Koe´ju Group
In this Group: Gloria, María, Nélida, Carmen, María*, Mariela, Leonida, Elena, Verónica, María, Rosalina, Agueda, Liliana, Miguela, Lucia
* not pictured
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This committee is composed of 15 hard working women who the majority are business women that sell yucca breads. The group is currently in the fifth stage of their program for women. The union of this committee is largely thanks to the efforts of Gloria C. who sought out each of these women in their homes and invited them to come to partake in an information session in their home.



This is how the Koe'ju Committee was born, in our second aboriginal language Guarani the name means "Sunrise". This committee is composed of 15 women of which 7 sell yucca breads (a traditional food in Paraguay widely popular and resembling cheese bread). Three of the women run grocery stores and the others sell clothing. They are all neighbours in the Kennedy region in the city of Caaupe. One of the virtues of this committee is the interest and loyalty in the rules and regulations of the program, and in the timeliness of the monthly payments. These women also hold a capital savings thanks to the work they carry out every weekend in the markets, for special events, sporting events, and any other occassion.



All of the members receive an equal sum of money and they will invest it in the purchase of ingredients and merchandise for their sales. The committee's objective for the short term is to improve the image of the region by keeping the public patios clean and by painting the fences along the streets and also to remodel the small plaza, in need of repair and repainting. In addition, the play structures need to be repaired so that the children might have their recreational area to play in safely.



Translated from Spanish by Erika Lindig, Kiva Volunteer.



El comité está compuesto por 15 señoras trabajadoras que en su mayoría son comerciantes, la mayoría de ellas se dedican a la elaboración y venta de chipas, actualmente el grupo ya está en su 5to. ciclo del programa comité de mujeres. La unión de este comité se debió en gran parte por la buena predisposición de la señora Gloria C. quien fue la buscó a cada señora de sus casas y las invitó para la reunión de información que se realizó en su casa.



Así nace el Comité Koe`ju, que en nuestro segundo idioma nativo el Guaraní significa Amanecer. Este comité está integrado por 15 señoras de las cuales 7 se dedican a la venta de chipas (comida típica del Paraguay muy consumida parecida a un pan con queso), 3 poseen despensas y las otras se dedican a la venta de ropas. Todas son vecinas del barrio Kennedy de la ciudad de Caaupé, una de las virtudes de este comité es el interés y el cumplimiento de las normas y reglamento del programa, además de la puntualidad en los pagos de sus cuotas. Estas mujeres poseen además un interesante ahorro de dinero gracias a las actividades que realizan cada fin de semana como ferias de comidas, rifas, torneos deportivos, entre otras actividades.



Todas las integrantes reciben un promedio de gs. 580.000 y lo invierten para la compra de insumos y mercaderías para sus ventas. El comité tiene como objetivo a corto plazo la de mejorar la imagen del barrio con la limpieza de los patios baldíos, veredas y pintar los cordones de las calles al igual que embellecer la pequeña plaza del barrio que necesita pintura y reparación de los juegos para que sus hijos tengan un lugar donde recrearse sanamente y fuera de peligros.

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
  • 62
    View loans »
    Paraguay Loans Fundraising
  • $28,165,225
    Funds lent in using Kiva
  • 4,047.4
    Paraguay Guarani (PYG) = $1 USD

Success!! The loan was 100% repaid

A portion of Comité Koe´ju Group's $2,150 loan helped a member to purchase sugar, meats, eggs, milk, cookies, soft drinks, starch, cheese, vegetable oil, and to purchase clothing for adults and children such as shorts, t-shirts, nylons, and blouses.
100% repaid
Repayment Term
5 months (Additional Information)
Repayment Schedule
Monthly
Disbursed:
Jun 26, 2008
Listed
Jun 11, 2008
Currency Exchange Loss:
Covered
Ended:
Sep 14, 2008