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Kuña Mbarete Group
In this Group: Mirian, Leonarda, Maria, Elida, Fidelina, Catalina, Judith, Maria, Elvira, Pabla, Clara, Maria, Monica, Norma, Angelica, Fatima, Gloria, Mirta*, Dayci*
* not pictured
The communal bank "Kuña Mbarete" is in its fourth loan cycle through the women's program. It was established on April 11, 2011 through Mirian who used to belong to another group. Now all the members are working together harmoniously to help each other get ahead.

Mirian runs a beauty salon and has many good customers. She always provides good service thanks to which business continues to grow. She is a very hard worker who wants to invest in her business so she can expand and offer employment to other people. The loan she is requesting is to buy shampoo, conditioner, hair color, creams and other supplies needed to continue offering a good service. She is grateful for this opportunity which will be very helpful to her.
View original language description ↓
El grupo llamado Kuña Mbarete está en su ciclo número 4º del programa de comité de mujeres, el grupo se conformó en fecha 11 de abril del 2011, mediante la Sra. Mirian quien había formado parte de un grupo. Hoy ellas se encuentran trabajando muy a gusto y se ayudan por salir adelante.
Mirian tiene una peluquería, y cuenta que ya tiene muy buena clientela, ofrece siempre un buen servicio a sus clientes y gracias a eso está creciendo. Ella es una persona muy luchadora, que quiere invertir en mejorar su negocio y crecer, para que también pueda dar trabajo a otras personas.
Ella solicita el crédito para poder invertirlo en la compra de shampoo, enjuagues, tintes, cremas y demás insumos para poder seguir dando un buen servicio a sus clientes. Agradece por esta oportunidad que recibe que le será de mucha ayuda.

Additional Information

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
  • 61
    View loans »
    Paraguay Loans Fundraising
  • $28,869,750
    Funds lent in using Kiva
  • 4,415.0
    Paraguay Guarani (PYG) = $1 USD

Success!! The loan was 100% repaid

A portion of Kuña Mbarete Group's $3,250 loan helped a member to buy shampoo, conditioner, hair color, creams and other products.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
May 23, 2013
Listed
Jun 19, 2013
Currency Exchange Loss:
Covered
Ended:
Jan 17, 2014