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Kuña Guapa Group
In this Group: Claudia, Mariela, Lorena, Cristina, Nancy, Maria, Veronica, Liz, Rosana, Maria, Asuncion, Zulema, Lucia, Waldi*
* not pictured
The “Kuña Guapa” group is in its first cycle in the committee program and are taking the poverty elimination survey; three of the members are very low income and trying to improve by means of their work.

Mariela is one of the members who by means of selling frozen treats earns income to help her family. She’s a very enterprising person who with effort and sacrifice has been growing. Today, she’s requesting this loan to buy frozen treats to continue investing in her business and improving her undertaking.
View original language description ↓
El grupo Kuña Guapa está en su Primer ciclo del programa de comité, están haciendo la encuesta de eliminación de pobreza, donde 3 de las integrantes están con ingresos muy bajos, tratando de mejorar por medio de su trabajo.
Mariela es una de las integrantes, quien por medio de la venta de helados tiene los ingresos para ayudar a su familia. Es una persona muy emprendedora, que con su esfuerzo y su sacrificio ha venido creciendo. Hoy ella pide este crédito para poder invertirlo en la compra de helados, con lo que podrá seguir invirtiendo en su negocio y mejorando su emprendimiento.

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
  • 43
    View loans »
    Paraguay Loans Fundraising
  • $30,204,950
    Funds lent in using Kiva
  • 4,454.0
    Paraguay Guarani (PYG) = $1 USD

Success!! The loan was 100% repaid

A portion of Kuña Guapa Group's $2,400 loan helped a member to buy frozen treats to sell.
100% repaid
Repayment Term
9 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jul 30, 2013
Listed
Aug 30, 2013
Currency Exchange Loss:
Covered
Ended:
Mar 17, 2014