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Kuña Aty Group
In this Group: Aidé, Celina, Elida, Jorgelina, Jasukaretea, Eunice, Ladislaa, Arsenia, Margarita, Andrea, Perfecta, Joaquina, Estela, Liliana, Lichi, Jerapoty*, María*
* not pictured
The group named Kuña Aty is in its first cycle of the women's committee program. They are indigenous women; they all work and help each other to get ahead. They are doing the elimination of poverty survey, as the 17 members are below the poverty line.

One of the members is Aidé, who in her first survey demonstrated a level of poverty within level one. Through her effort and continual work she is improving her economic situation, but she is likewise aware that this work she is doing and effort she is making should be constant.

Aidé asks for this loan to buy lingerie and used clothing, which will help her to materialize her business plan. This will in turn help her to improve her earnings.
View original language description ↓
El grupo llamado Kuña Aty está en su primer ciclo del programa de comité de mujeres, son mujeres indígenas donde todas trabajan y se ayudan por salir adelante. Están haciendo la encuesta de eliminación de pobreza, donde las 17 integrantes se encuentran por debajo de la línea de pobreza.
Una de las integrantes es la Sra. Aidé, quien en su primera encuesta mostró un nivel de pobreza dentro del nivel uno y a través del esfuerzo y el trabajo continuo ella se encuentra mejorando su situación de pobreza, pero igualmente está consciente de que este trabajo y esfuerzo que está haciendo deben de ser constantes.
La Sra. Solicita de este crédito para la compra de lencería y ropas usadas, 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
  • 58
    View loans »
    Paraguay Loans Fundraising
  • $28,673,125
    Funds lent in using Kiva
  • 3,919.6
    Paraguay Guarani (PYG) = $1 USD

Success!! The loan was 100% repaid

A portion of Kuña Aty Group's $2,450 loan helped a member to buy lingerie and used clothing to sell.
100% repaid
Repayment Term
9 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jan 29, 2013
Listed
Mar 2, 2013
Currency Exchange Loss:
Covered
Ended:
Sep 22, 2013