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Kuña Katupyry Group
In this Group: Benita, Toribia, Raquel, Andrea, Maria, Ramona, Maria, Betina, Miguela, Lucia, Justa, Rogelia, Luciana, Maria, Fabiana, Genoveva, Leticia
View original language description ↓
The Kuña Katupyry women’s committee was formed after the disbanding of another group in the zone. Some of the women of that group decided to form a new group because they were too far from the meeting place. Just like all the other groups, they attended four meetings prior to receiving the loan and agreed to the terms and conditions set by the program.
Upon getting started, 18 women, who each received 300,000.00 Paraguay Guarani, used the funds for their businesses. Many of the members make handicrafts while others have food, drink, or natural remedies businesses, among other activities. The program is currently in its 5th cycle. The group is pleased to work with Fundación Paraguaya and invite the other women in their neighborhood to participate in the program since aside from the loan benefits, they also receive training in order to help their businesses succeed, while their children receive both free music lessons and money saving courses.
Translated from Spanish by Elizabeth Casian, Kiva Volunteer.
El comite de mujeres " Kuña Katupyry", se conformo debido a la desintegracion de un grupo de la zona, un grupo de ese comité decidio conformarse en uno nuevo, ya que ellas se encontraban muy alejadas del lugar de reunión. Al igual que todos los comités asistieron a cuatros reuniones previas al crédito y estuvieron de acuerdo con todas las condiciones ofrecidas por el programa.
Al iniciar formaron parte del comité 18 señoras que recibieron un crédito de 300.000Gs cada una, que lo destinaron para sus negocios, dentro del comité hay muchas personas que se dedican a la artesanía y otras tienen negocios de ventas de comidas, bebidas, remedios naturales, etc. Actualmente se encuentran en el 5to ciclo del programa, El comité se encuentra muy a gusto trabajando con la Fundación Paraguaya e instan a las demás señoras de su barrio a participar del programa, pues además del beneficio de obtener créditos, las mujeres reciben capacitación para llevar adelante sus negocios y sus hijos reciben educación musical gratuita, educación para el ahorro infantil.

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
  • 58
    View loans »
    Paraguay Loans Fundraising
  • $28,869,725
    Funds lent in using Kiva
  • 3,950.0
    Paraguay Guarani (PYG) = $1 USD

Success!! The loan was 100% repaid

A portion of Kuña Katupyry Group's $4,700 loan helped a member purchase milk, sugar, machinery, thread, sweets, meat, beverages, etc.
100% repaid
Repayment Term
6 months (Additional Information)
Repayment Schedule
Monthly
Disbursed:
Sep 16, 2008
Listed
Sep 1, 2008
Currency Exchange Loss:
Covered
Ended:
Feb 23, 2009