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Kuña Kayupyry Group
In this Group: Dora, Juliana, Sonia, Claudia, Tomasa, Nicanora, Francisca, Alba, Agustina, Nancy, Mirian, Gladys, Cynthia, Gladys, Liz
The communal bank Kuña Katupyry is in its first loan cycle. It is participating in the poverty reduction survey, where the women, who are now living below the poverty line, are trying to get ahead through workshops and weekly visits. They are about to reach poverty level two.

Sonia, a member, was at poverty level one in the last survey. She sells prepared foods, traditional soups and breads, and clothing. She is hardworking and wants to succeed. She is applying for a loan to buy ingredients such as sweet corn, salt, cheese, eggs, and oil to prepare her dishes, which will help her firm up her business plan and increase her earnings.
View original language description ↓
El grupo llamado Kuña Katupyry está en su ciclo 1. Están haciendo la encuesta de eliminación de pobreza, donde las mujeres a través de los talleres, visitas semanales están tratando de salir adelante ya que se encuentran por debajo de la línea de pobreza. Actualmente están en proceso de pasar al nivel dos.
Una de las integrantes es la Sra. Sonia, quien en su última encuesta mostró un nivel de pobreza dentro del nivel uno. Entre el trabajo que ella hace cuenta que hace ventas de comestibles , como ser sopa paraguaya, chipa, y ventas diarias de ropas. Como se ve, ella es muy trabajadora y quiere salir adelante.
La Sra. Solicita de este crédito para la compra de insumos para sus alimentos, como ser choclo, sal, queso, huevo, aceite y demás, lo que le ayudará a tener a concretar su plan de negocio, el cual le ayudará a mejorar sus ingresos.

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
  • 18
    View loans »
    Paraguay Loans Fundraising
  • $29,453,750
    Funds lent in using Kiva
  • 3,919.3
    Paraguay Guarani (PYG) = $1 USD

Success!! The loan was 100% repaid

A portion of Kuña Kayupyry Group's $2,125 loan helped a member to buy sweet corn, salt, cheese, eggs, oil, and more.
100% repaid
Repayment Term
5 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jan 28, 2013
Listed
Feb 27, 2013
Currency Exchange Loss:
Covered
Ended:
May 17, 2013