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Kuña Rory Group
In this Group: Felicia, Celedonia, Liz, Graciela, Blanca, Johana, Raquel, Maria, Sixta, Norma, Lucia, Ruth, Norma, Lourdes, Mabel, Pamela, Elsi, Jovita, Manuela, Celia, Elba*
* not pictured
The women's Communal Bank named "Kuña Rory", was set up on October 22, 2012 thanks to the Director General, Felicia, who received a promotional flyer from the programme. She was very interested and managed to convince her neighbours and they contacted an assessor to create the Communal Bank, which is currently made up of 21 women who are working well in their 6th cycle.

Felicia is a saleswoman as she owns a bookstore and occasionally sells clothes.She is a hard-working woman and wants to succeed, so she works very hard and is a great example for people to follow.

She is requesting this loan to be able to invest it in books, notepads, pencils, markers and other products to be able to stock her bookshop and continue giving her customers the variety that they are used to.
View original language description ↓
El Comité de Mujeres de nombre Kuña Rory, se conformó en fecha 22 de octubre del 2010, gracias a que la Directora General, la Sra. Felicia, quien recibió un afiche de promoción del programa, y quedo muy interesada, logro convencer a sus vecinas y contaron con la asesora para la conformación del comité que la actualidad está conformada por 21 mujeres quienes se encuentran trabajando muy a gusto en el 6° ciclo.
La Sra. Felicia se dedica a las ventas ya que tiene una librería y también se dedica a la venta de ropas, es una señora muy trabajadora que desea salir adelante y se esfuerza por salir adelante, realmente es un gran ejemplo a seguir.
Solicita de este crédito para pode invertirlo en la compra de libros, cuadernos, lápices, marcadores y demás insumos para poder surtir su librería y así seguir dando a sus clientes la variedad a la que están acostumbrados.

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
  • 93
    View loans »
    Paraguay Loans Fundraising
  • $30,930,425
    Funds lent in using Kiva
  • 4,169.3
    Paraguay Guarani (PYG) = $1 USD

Success!! The loan was 100% repaid

A portion of Kuña Rory Group's $5,400 loan helped a member to buy books, notepads, pencils, markers and other things.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Dec 20, 2012
Listed
Jan 20, 2013
Currency Exchange Loss:
Covered
Ended:
Jul 17, 2013