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Kokuere Group
In this Group: Sixta, Mirtha, Gloria, Diana, Miguela, Juliana, Maria, Ingrid, Anatalia, Marciana, Limpia, Natividad, Genara, Soraida, Artemia, Inocencia, Adriana*
* not pictured
The Kokuere group is in its first cycle of the women's communal bank programme. They are currently carrying out a survey aimed at eliminating poverty, as this is a way of helping them find out the financial situation of the members. Soraida, one of the group's members, makes and sells food items and believes that she is successful in what she does because she has a very large clientele and because, with the group's help, she always sells everything she makes. Her dream is to have a permanent grocery shop where she can sell her food. She is seeking this loan to buy supplies to make the items of food she sells, namely vegetables, meat, condiments, bread and cakes, amongst other things. She is very grateful for the chance she has been given.
View original language description ↓
El grupo llamado Kokuere está en su ciclo número uno del programa de comité de mujeres, ellas están haciendo la encuesta de eliminación de pobreza, el cual es un medio que les ayuda a saber en qué situación económica están las miembros del grupo.
Soraida es una de las integrantes de este grupo, quien se dedica a la venta de comestibles en general, ella misma dice que es muy buena con lo que hace, ya que tiene muy buena clientela, y con ello siempre agota todo lo que hace. Su sueño es poder tener un negocio fijo de comestibles en el que podrá vender sus comidas.
Solicita este crédito para poder invertirlo en la compra de insumos para hacer los comestibles que vende, como ser verduras, carnes, condimentos, panificados y demás. Ella agradece por la oportunidad que ha recibido.

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
  • 28
    View loans »
    Paraguay Loans Fundraising
  • $28,078,500
    Funds lent in using Kiva
  • 4,069.9
    Paraguay Guarani (PYG) = $1 USD

Success!! The loan was 100% repaid

A portion of Kokuere Group's $2,700 loan helped a member to buy vegetables, meat, condiments, bread and cakes, amongst other things.
100% repaid
Repayment Term
5 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Mar 19, 2013
Listed
Apr 17, 2013
Currency Exchange Loss:
Covered
Ended:
Jul 17, 2013