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Kuña Guapa Group
In this Group: Myriam, Otilia, Cecilia, Daniela, Teresa, Rossana, María, Susana, Miryan, Diana, Ramona, Mariela, Giulianna*, Lorenza, Claudelina, Nancy, Ramona, Gisella, Luz*, Deisy
* not pictured
The communal bank "Kuña Guapa" is in its sixth loan cycle. The members are taking the poverty elimination survey in order to know where they stand with their incomes. Three of them are at a very low level.

One of the members is Claudelina, who registered an income well below the poverty line on the last survey. She works as a seamstress and says business is now going very well. She has a good clientele and always receives many orders. She is a hard-working, enterprising person who works hard to improve her lifestyle and development.

She is requesting a loan to buy fabric, thread, elastic, buttons and other supplies to continue with her sewing business and satisfy customers.
View original language description ↓
El grupo llamado Kuña Guapa está en su ciclo número 6º , ellas están haciendo la encuesta de eliminación de pobreza, el cual es una forma de conocer como se encuentran ellas con sus ingresos, donde 3 de ellas se encuentran con un ingreso muy bajo.
Una de las integrantes es la Sra. Claudelina, quien en su última encuesta se vio que tenía un ingreso muy por debajo de la línea de pobreza. Ella se dedica a la costura y comenta que tiene un buen negocio ya que le esta yendo muy bien. Tiene buena clientela que siempre le trae muchos pedidos. Ella es una persona muy trabajadora y emprendedora que lucha por mejorar su vida y crecer.
Solicita de este crédito para poder telas, hilos, gomas, botones y demás insumos para poder seguir con su taller de costura y cumplir con sus clientes.

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
  • 48
    View loans »
    Paraguay Loans Fundraising
  • $27,441,200
    Funds lent in using Kiva
  • 4,159.4
    Paraguay Guarani (PYG) = $1 USD

Success!! The loan was 100% repaid

A portion of Kuña Guapa Group's $4,550 loan helped a member to buy fabric, thread, elastic, buttons and other supplies.
100% repaid
Repayment Term
6 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Mar 22, 2013
Listed
Apr 22, 2013
Currency Exchange Loss:
Covered
Ended:
Aug 17, 2013