Kuña Rory Group
| $2,775 |
Loan Request
Disbursed
: Oct 17, 2008
Listed: Oct 1, 2008
Funded: Oct 3, 2008
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| $2,775 |
Paid Back
Ended: Mar 16, 2009
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About the Field Partner
| Fundación Paraguaya administers this loan. Learn more | |||||||
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| Field Partner: | Fundación Paraguaya | ||||||
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| Field Partner Risk Rating: | |||||||
| Fundraising Status: | Active | ||||||
| Time on Kiva: | 33 months | ||||||
| Kiva Entrepreneurs: | 14950 | ||||||
| Total Loans: | $0 | ||||||
| Interest & Fees are Charged: | Yes (Learn more) | ||||||
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| Delinquency Rate: | 0.00% | ||||||
| Default Rate: | 0.00% | ||||||
| Currency Exchange Loss Rate: | 0.00% | ||||||
| More on this field partner >> | |||||||
Nelida Torres, Margarita Martinez, Vidalina Enciso, Rosalina Gonzalez, Liliana Centurion, Lucia Menelik, Juana Torres, María Carmen Ortiz, Ramona Ramirez, Alcira Menelik, Paulina Sanchez, Laura Ramirez, Luisa Diaz, Estanislaa Benitez, Ramona Luna, Zulma Caceres, Noemi Ucedo, María Martha Ramírez, Victoriana Riveros
About the Loan
| Location: | Encarnación, Paraguay | Repayment Term: | 6 months (more info) |
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| Activity: | Retail | Repayment Schedule: | Monthly | |
| Loan Use: | To buy oil, wine, laundry detergent, sugar, noodles, rice, flour, milk products, clothes, lingerie, plastic articles, sheets and towels. | Currency Exchange Loss: | Covered | |
| Default Protection: | Covered |
The merchandise that they sell includes various oils, flours, sugar, laundry detergent, noodles, clothes, lingerie, sheets, towels, cigarettes and plastic articles, because they adapt to the requests of their clients and also to the advantages in prices that they find. The majority have a small point of sale, other do not and offer their merchandise to people that pass on the street.
They desire a loan that can be additional capital for them, that will permit them to increase their stock of merchandise, buying in large quantities. One of the advantages that they get when buying in large quantities are the lowest prices. This also helps so that they can offer good prices to their clients, so their clients prefer to buy from them.
Translated from Spanish by B, Kiva Volunteer.
Este grupo del Barrio “Pacu Cua” surgió por medio de algunas integrantes de otros comités que han cancelado sus créditos anteriores y tenían interés en formar otro grupo. Este es un grupo muy particular, debido a que el Barrio en el que viven esta cerca del Puente Internacional que une a Paraguay con Argentina y por tal motivo todas las señoras venden mercaderías en la frontera, tanto lado paraguayo como argentino.
Las mercaderías que venden son muy variadas aceites, harinas, azúcar, jabón en polvo, fideos, ropas, lencerías, sábanas, tohallas, cigarrillos y artículos de plástico, porque ellas se adaptan a los pedidos de los clientes y también a las ventajas en precios que encuentren. La mayoría posee un pequeño puesto de venta, otras no y lo hacen paradas ofreciendo sus mercaderías a las personas que pasan.
Ellas desean un crédito que pueda ser un adicional de capital para ellas, que les permita incrementar su stock de mercaderías comprando en grandes cantidades. Una de las ventajas que obtienen al comprar en grandes cantidades son los precios más bajos, lo que también ayuda a que ellas puedan ofrecer buenos precios que haga que los clientes prefieran adquirir sus productos en venta.
About Group Loans
In a group loan, each member of the group receives an individual loan but is part of a group of individuals bound by a group guarantee. Under this arrangement, each member of the group supports one another and is responsible for paying back the loans of their fellow group members if someone is delinquent or defaults. Learn more
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About the Country
| Country: | Paraguay |
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| Avg Annual Income: | $4,555 |
| Currency: | Paraguay Guarani (PYG) |
| Exchange Rate: | 3,992.8500 PYG = 1 USD |
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Journal entries for Kuña Rory Group
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Subject: Loan has been disbursed
Location: Encarnación, Paraguay
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Posted by
from Encarnación, Paraguay
Oct 18, 2008 |
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Comment on this entry
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Repayment Schedule for Kuña Rory Group
Repayment Schedule for Kuña Rory Group
| Expected Repayments | Actual Repayments | Comments | |||
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| January 2009 | $693.75 | $693.75 |  Repayment Received
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| February 2009 | $693.75 | $693.75 | Repayment Received
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| March 2009 | $693.75 | $693.75 | Repayment Received
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| April 2009 | $693.75 | $693.75 | Repayment Received
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