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Kuña Guapa 2 Group
In this Group: Blanca, Zulma, Angelina, Teresa, Silvina, Gregoria, Nancy, Griselda, Damaris, Liz, Andrea, Reina, Mariola, Idalina*, Mirna*, Zulma*
* not pictured
This group, called Kuña Guapa, is in its 18th cycle of the Women Committee program. They are all women that are head of the family and struggle to give their children what they could not have for themselves. They are taking part in a poverty elimination survey aimed at knowing their current situation.

One of the members is Reina. She tailors all kinds of clothes that her customers order. It is important to highlight that she works hard and goes to all the training sessions in order to improve more every day.

Reina is requesting a loan to buy fabrics and other supplies to stock her business. This will help her to realize her business plan and thus increase her income.
View original language description ↓
El grupo llamado Kuña Guapa está en su ciclo número 18º del programa de comité de mujeres, ellas son mujeres jefas de familia que luchan y se esfuerzan por dar a sus hijos lo que ellas no pudieron tener. Esta haciendo la encuesta de eliminación de pobreza, para conocer en qué situación cada una se encuentra.
Una de las integrantes es la Sra. Reina, quien realiza confección de ropas de todo tipo y sobre pedido de sus clientes, también se debe destacar el gran esfuerzo que ella pone, asistiendo a las capacitaciones y tratando de mejorar día a día.
La Sra. Reina Solicita de este crédito para la compra de telas e insumos para surtir su negocio, lo que le ayudará a tener a concretar su plan de negocio, el cual le ayudará a mejorar sus ingresos.

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
  • 55
    View loans »
    Paraguay Loans Fundraising
  • $27,485,400
    Funds lent in using Kiva
  • 4,415.0
    Paraguay Guarani (PYG) = $1 USD

Success!! The loan was 100% repaid

A portion of Kuña Guapa 2 Group's $3,850 loan helped a member to buy fabrics and threads.
100% repaid
Repayment Term
6 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
May 21, 2013
Listed
Jun 19, 2013
Currency Exchange Loss:
Covered
Ended:
Oct 17, 2013