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Kuña Kyrey Group
In this Group: Ida, Carmen, Nilsa, María, Veronica, Marisa, Vidalina, Lidia, Elisa, Teodora, Bernardina, Edith, Julia, Juanita, Nilda, Cristina*
* not pictured
The group called Comité Kuña Kyre'y is in its 7th loan cycle with the Women's Committee program, where each one of the members is working to improve her life and that of her family. They are doing the poverty elimination survey in order to know each member's situation. Six of the members are below the poverty line; that is, they have very low income.

One of the members, Edith, is one of these women. She works selling costume jewelry. Accordingly, as she is receiving training, she wants to continue growing and improving the investment she is making.

She is a very humble person, but with many dreams and goals. She is applying for this loan to buy costume jewelry for selling. In this way, she would like to continue earning a little more income in order to help her family.
View original language description ↓
El grupo llamado Comité Kuña Kyre’y está en su ciclo número 7mo. Del programa de comité de mujeres, donde cada una de ellas está trabajando por mejorar sus vidas y las de su familia. Están haciendo la encuesta de eliminación de pobreza para saber en qué situación esta cada una, donde 6 integrantes se encuentran por debajo de la línea de pobreza, es decir con ingresos muy bajos.
Una de las integrantes es la Sra. Edith es una de estas mujeres, ella se encuentra trabajando en la venta de bijouterie y conforme vaya recibiendo las capacitaciones quiere seguir creciendo y mejorando la inversión que está haciendo. Ella es una persona muy humilde, pero con muchos sueños y metas.
Solicita de este crédito para la compra de bijouterie para la venta, y por medio de esto siga ganando un poco mas de 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

  • $4,555
    Average annual income
  • 49
    View loans »
    Paraguay Loans Fundraising
  • $28,602,050
    Funds lent in using Kiva
  • 4,168.0
    Paraguay Guarani (PYG) = $1 USD

Success!! The loan was 100% repaid

A portion of Kuña Kyrey Group's $3,450 loan helped a member to buy costume jewelry for selling.
100% repaid
Repayment Term
6 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Apr 26, 2013
Listed
May 27, 2013
Currency Exchange Loss:
Covered
Ended:
Sep 22, 2013