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Kuña Guapa Group
In this Group: Marina, Angelina, Viviana, Aurelia, Alba, Dominga, Selva, María, Carmen, Elsi, Alice, Angela
This group, called "Kuña Guapa", is on its first loan cycle. Each of the members is working to prosper and to be able to help their families through the work they are doing.

One of the members is Aurelia who, in her first poverty elimination survey, was on level two of the poverty scale. Thanks to her continuous work and effort, her financial situation is improving. Aurelia is applying for this loan to buy pigs to slaughter and sell. This will help her to realise her business plan, thus helping her to improve her income. This is her work which is for maintaining her family.
View original language description ↓
El grupo llamado Kuña Guapa está en su primer ciclo donde, cada una de las integrantes está trabajando por salir adelante y poder ayudar a sus familias por medio del trabajo en conjunto que vienen haciendo.
Una de las integrantes es la Sra. Aurelia, quien en su primera encuesta mostró un nivel de pobreza dentro del nivel dos. A través del esfuerzo y el trabajo continuo ella se encuentra mejorando su situación de pobreza. La Sra. Solicita de este crédito para la compra de de Chancos, para faenar y vender lo que le ayudará a tener a concretar su plan de negocio, el cual le ayudará a mejorar sus ingresos, ya que este es su trabajo y con esto mantiene a su familia.

Additional Information

More information about this loan

This loan is part of the innovative “Poverty Stoplight” program developed by Fundación Paraguaya for women living in poverty. A “stoplight” measurement tool is used to help borrowers self-identify the type of poverty that affects them most (lack of income, dearth of financial opportunities, poor living conditions etc.). Borrowers rate 50 areas of their life as green (not poor), yellow (poor) or red (extremely poor). Together with their loan officer, they come up with a plan to resolve yellow and red indicators. Through this program, Fundación Paraguaya hopes to lift 9,000 women and their families out of poverty by 2017.

To learn more about this unique approach to eliminating poverty, you can read this article on Fundación Paraguaya’s website.

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
  • 51
    View loans »
    Paraguay Loans Fundraising
  • $27,437,225
    Funds lent in using Kiva
  • 3,965.0
    Paraguay Guarani (PYG) = $1 USD

Success!! The loan was 100% repaid

A portion of Kuña Guapa Group's $1,750 loan helped a member to buy pigs for slaughter.
100% repaid
Repayment Term
9 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jan 25, 2013
Listed
Feb 25, 2013
Currency Exchange Loss:
Covered
Ended:
Sep 22, 2013