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Kuña Aty Group
In this Group: Maria, Norma, Higinia, Carmen, Valentina, Deidamia, Sonia, Fatima, Juana, Liz, Mirta, Maria, Paulina, Maria*
* not pictured
The Kuña communal bank is in its third cycle. It is comprised of 14 women from the city of San Pedro. This city is pretty far away, and most of the members are from communities that are difficult to access and have many difficulties.

All of the members work in agriculture and raising and selling barnyard animals. They put forth great effort to get ahead and to help their families through this effort.

Maria is one of them. She raises and slaughters animals. She is requesting this loan to buy more animals to raise and later slaughter. She will do this to be able to continue growing and helping her loved ones.
View original language description ↓
El comité Kuña se encuentra en el 3º ciclo y está integrada por 14 señoras de la ciudad de San Pedro, una ciudad bastante alejada, donde la mayoría de las miembros son de comunidades de difícil acceso y con muchas dificultades.
Todas las integrantes se dedican a la agricultura y a la cría y venta de animales de corral. Ellas se esfuerzan por salir adelante y ayudar a sus familias por medio de ese esfuerzo. Maria, una de ellas, cría y faena animales, y solicita de este crédito para compra de mas animales para la cría y posterior faena para poder seguir creciendo y ayudando a los suyos.

Additional Information

More information about this loan

This loan is designed for poor clients living in rural areas with high levels of crime and social conflict. These clients, working primarily in agriculture, are often ineligible for credit from formal financial institutions because of the high-crime area they live in, their lack of adequate collateral (like a land title), and the likelihood of low agricultural production due to bad weather or pests. Fundación Paraguaya is committed to serving these clients with loans and other wraparound services tailored to their needs. It also provides clients working in agriculture with access to discounted training courses at a local agricultural school to teach them how to improve their crop yields.

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
  • 69
    View loans »
    Paraguay Loans Fundraising
  • $28,785,675
    Funds lent in using Kiva
  • 4,186.8
    Paraguay Guarani (PYG) = $1 USD

Success!! The loan was 100% repaid

A portion of Kuña Aty Group's $3,000 loan helped a member to buy animals to raise and slaughter.
100% repaid
Repayment Term
9 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Apr 22, 2013
Listed
May 22, 2013
Currency Exchange Loss:
Covered
Ended:
Dec 17, 2013