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Kuña Katupyry Group
In this Group: Celia, Venancia, Lucrecia, Maria, Vicenta, Regina, Alba, Teresa, Juana, Maria, Geronima, Cilvia, Yrma, Domiciana, Wenceslaa*
* not pictured
The communal bank "Kuña Katupyry" is in its first loan cycle through the women's program, which the members see as a great opportunity for them and their families. They are in the process of taking the poverty elimination survey which is a way to determine each member's situation.

One of the members is Cilvia who sells food to help her family. She is very good at what she does and her customers love her delicious cooking. She is grateful for the opportunity she and her family are receiving, since she will be able to continue expanding through this group.

The loan she is requesting is to buy supplies required to make her food, such as meat, vegetables, condiments and other items. This is so she can continue pleasing customers with her culinary delights.
View original language description ↓
El grupo llamado Kuña Katupyry está en su ciclo número 1 del programa de comité de mujeres, ellas han visto una gran oportunidad de crecimiento para ellas y sus familias por medio de este programa. Ellas están haciendo la encuesta de eliminación de pobreza, el cual es un medio que les ayuda a conocer la situación de cada una de las miembros.
Una de las integrantes es la Sra. Cilvia, quien por medio de la venta de comidas ayuda a su familia. Ella es una persona muy buena en lo que hace, ya que sus comidas son muy sabrosas, y a sus clientes les gusta mucho. Esta agradecida por la oportunidad que ella y su familia está recibiendo, ya que podrá seguir creciendo por medio de este comité.
Ella solicita el crédito para la compra de insumos para seguir haciendo los comestibles que vende, como ser carnes, verduras, condimentos, y demás, ya que de esa forma podrá seguir deleitando a sus clientes con sus delicias.

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
  • 40
    View loans »
    Paraguay Loans Fundraising
  • $28,194,925
    Funds lent in using Kiva
  • 4,128.7
    Paraguay Guarani (PYG) = $1 USD

Success!! The loan was 100% repaid

A portion of Kuña Katupyry Group's $2,450 loan helped a member to buy meat, vegetables, condiments and other items.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Apr 16, 2013
Listed
May 17, 2013
Currency Exchange Loss:
Covered
Ended:
Nov 17, 2013