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Kuña Guapa Group
In this Group: Bernarda, Cristina, Diosnela, Blanca, Carmen, Andrea, Ignacia, Mercedes, María, Diana, Catalina, Blanca, Liliana*
* not pictured
The communal bank "Kuña Guapa" got together at the initiative of one of its members. The group, comprised of 13 members, is currently in its fourth loan cycle and is located 21 kms from Curugaty, where all the members work and help each other get ahead. They are taking the poverty elimination survey and four of the members are below the poverty line.

One of the members is Blanca who has a general store and sells all kinds of products. She is a very hard-working, enterprising woman and says business is going very well because she has a high sales volume. Blanca wants to continue working so she can help her family and give them all the things she never had.

She is requesting a loan to buy sweets, beverages, juices, food and other supplies to stock her store. This is so she can continue earning an income to help her family.
View original language description ↓
El comité Kuña Guapa, se conformó con la iniciativa de una de las miembros; Actualmente se encuentran en el 4to ciclo, con trece integrantes, queda 21 km de Curuguaty, donde todas trabajaran y se ayudaran para salir adelante. Están haciendo la encuesta de eliminación de pobreza, donde 4 cuatro se encuentran por debajo de la línea de pobreza.
Una de las integrantes es la Sra. Blanca, quien tiene una cantina con todo tipo de productos. Ella es una persona muy trabajadora y emprendedora, y cuenta que le está yendo muy bien en su negocio ya que tiene muy buenas ventas. Blanca quiere seguir trabajando ya que de esa forma puede ayudar a su familia y darles todo lo que ella no pudo tener.
Solicita este crédito para la compra de golosinas, bebidas, jugos, comestibles y demás insumos para poder surtir su cantina y de esa forma seguir teniendo ingresos para ayudar 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
  • $31,557,250
    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 $4,600 loan helped a member to buy sweets, beverages, juices, food and other supplies.
100% repaid
Repayment Term
9 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Mar 22, 2013
Listed
Apr 22, 2013
Currency Exchange Loss:
Covered
Ended:
Oct 17, 2013