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Yrupe Group
In this Group: Juana, Apolinaria, Inocencia, Rosa, Adolfina, Manuela, Luz, Benedicta, Luz, Claudia, Elena, Leonor, Patricia*
* not pictured
The group called “Yrupe” has 13 members. All of these women want to take charge and strive on behalf of their families. They are currently in their seventh loan cycle. All of them have done their bit in order to get ahead.


One of these determined women is Apolinaria, who sells cheese. She is looking to earn more income so that she can provide what her family needs. Apolinaria knows that the only way for this to happen is to work and persevere. She is requesting a loan so that she can invest in the purchase of cheeses. Since Holy Week is approaching, she will have more orders and will need to fulfill them.

View original language description ↓
El grupo llamado Yrupe tiene 13 miembros, todas ellas mujeres que quieren tomar las riendas y luchar por sus familias. Están actualmente en su séptimo ciclo, donde todas han puesto un grano de arena para salir adelante.
Una de estas mujeres luchadoras es Apolinaria, quien a través de la venta de queso, busca tener un mejor ingreso para poder dar a su familia lo que necesitan. Ella sabe que la única forma de tener lo que uno quiere es trabajando y esforzándose por luchar.
Solicita de este crédito para poder invertirlo en la compra de quesos, ya que esta cerca la semana santa y es cuando más pedidos tiene y quiere poder cumplir con ellos.

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
  • 89
    View loans »
    Paraguay Loans Fundraising
  • $31,392,000
    Funds lent in using Kiva
  • 4,005.5
    Paraguay Guarani (PYG) = $1 USD

Success!! The loan was 100% repaid

A portion of Yrupe Group's $4,175 loan helped a member to buy cheeses to sell.
100% repaid
Repayment Term
9 months (Additional Information)
Repayment Schedule
Irregularly
Pre-Disbursed:
Feb 28, 2013
Listed
Mar 27, 2013
Currency Exchange Loss:
Covered
Ended:
Oct 17, 2013