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Kuña Katupyry Group
In this Group: Adriana, Gloria, Daniela, Nidia, Madgalena, Virginia, Ramona, Edith, Liz, Francisca, Monica, Evangelina, Liz, Merarda, Liz, Adolfina, Carmen, Sonia
The group called Kuña Katupyry is conducting a survey for the elimination of poverty. It showed that 6 of the members are below the poverty line. The women are working hard and are doing everything to get ahead and improve their lives.

Liz is one of the members, and she earns her living selling all types of shoes, like men's shoewear. Because of this work, she is able to maintain her home, give her family what they need day to day, and do not have any times of need. She defines herself as a hard-working person, who, with effort, is getting ahead.

Liz is requesting this loan so that she can invest it in the purchase of all types of shoes. This way she can continue investing in her business which is her source of income and helps her family.
View original language description ↓
El grupo llamado Kuña Katupyry está haciendo la encuesta de eliminación de pobreza que mostró que 6 de las integrantes están por debajo de la línea de la pobreza, ellas están trabajando arduamente y ponen todo de ellas por salir adelante y mejorar sus vidas.
Liz es una de las miembros, y cuenta que se dedica a la venta de todo tipo de calzados, ya sea para hombres y caballeros y que por medio de este trabajo ella esta pudiendo mantener su hogar y darles lo que día a día necesitan, y que no tengan que pasar por ningún tipo de necesidades. Ella se define a sí misma como una persona muy trabajadora que con esfuerzo está saliendo adelante.
Liz solicita de este crédito para poder invertirlo en la compra de calzados de todo tipo, y de esa forma poder seguir invirtiendo en su negocio, el cual es su fuente de ingresos y de ayuda 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

  • $8,400
    Average annual income
  • 92
    View loans »
    Paraguay Loans Fundraising
  • $31,441,600
    Funds lent in using Kiva
  • 4,012.4
    Paraguay Guarani (PYG) = $1 USD

Success!! The loan was 100% repaid

A portion of Kuña Katupyry Group's $3,500 loan helped a member to buy shoes for resale.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Feb 20, 2013
Listed
Mar 20, 2013
Currency Exchange Loss:
Covered
Ended:
Sep 22, 2013