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Kuña Joaju Group
In this Group: Jazmin Mercedes, Ignacia, Nancy De Jesus, Mariela, Noelia Andrea, Zulma, Sara, Hermelinda, Juana, Blanca Rosana, Felicia, Primitiva, Norma Antonia, Susana, Jenny Librada*
* not pictured
Kuña Joaju Communal Bank has 15 members, all modest, hardworking, and very responsible women. They formed their group with neighbors and friends. Currently they're already in their second cycle, for which they committed to working together and saving a little of their profits.

Jenny has a small garden that she cultivates, and she sells her crop. She helps her family with this job. It's a very demanding job but she's proud because it's decent and honest, and she supports her family with it.

Jenny hopes to continue growing through the training she receives, to be able to continue helping her family as well.

She's requesting this loan to buy seeds, fertilizer, and other things to be able to continue investing in her garden.
View original language description ↓
El comité Kuña Joaju tiene en total de 15 integrantes, todas son mujeres humildes, trabajadoras y muy responsables, formaron su grupo entre vecinas y amigas, actualmente ya están en el segundo ciclo, para este ciclo se comprometieron entre ellas trabajar juntas y ahorrar un poco de su ganancia.
Jenny tiene una pequeña huerta, la cual siembra y el producto de su cosecha vende, y por medio de este trabajo ayuda a su familia. Es un trabajo muy sacrificado el que hace, pero está orgullosa, ya que es digno y honesto, y es el sostén de su familia.
Jenny espera seguir creciendo por medio de las capacitaciones que recibe, para poder seguir ayudando también a su familia. Solicita de este crédito para la compra de semillas, abonos, y demás, para poder seguir invirtiendo en su huerta.

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
  • 66
    View loans »
    Paraguay Loans Fundraising
  • $29,036,000
    Funds lent in using Kiva
  • 4,291.8
    Paraguay Guarani (PYG) = $1 USD

Success!! The loan was 100% repaid

A portion of Kuña Joaju Group's $2,525 loan helped a member to buy seeds and fertilizer.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Nov 16, 2012
Listed
Dec 16, 2012
Currency Exchange Loss:
Covered
Ended:
Jun 17, 2013