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Kuña Mbarete Group
In this Group: Nancy, Eulalia, Celina, Maria, Maria, Nimia, Blanca, Margarita, Noelia, Liliana, Luz, Ana, Emilia, Leticia, Victorina*
* not pictured
Kuña Mbarete means "strong woman", and that is what these women are. They are strong people who want to help their families through their work. They are heads of their families and are working very hard. They are also part of Fundacion Paraguaya's poverty elimination program.
Eulalia is part of this group of hard-working women. She sells varied garments, and with great hard work is able to help her family. She is a very hard-working person who demonstrates a desire to get ahead. She is requesting this loan because she needs to buy more clothing for sale.
View original language description ↓
Kuña Mbarete quiere decir en castellano, mujer fuerte, y eso es lo que son estas mujeres, personas fuertes que quieren ayudar a sus familias por medio del trabajo de todas y cada una de ellas. Son mujeres jefas de familia que están trabajando arduamente. También forman parte del programa de eliminación de la pobreza de la fundación paraguaya.
Eulalia es parte de este grupo de mujeres luchadoras, quien vende prendas de variadas clases y que con mucho esfuerzo esta pudiendo ayudar a su familia. Ella es una persona muy trabajadora que muestra sus ganas de salir adelante. Pide este préstamo ya que necesita comprar mas prendas para la venta.

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

  • $8,400
    Average annual income
  • 93
    View loans »
    Paraguay Loans Fundraising
  • $30,930,425
    Funds lent in using Kiva
  • 4,570.0
    Paraguay Guarani (PYG) = $1 USD

Success!! The loan was 100% repaid

A portion of Kuña Mbarete Group's $3,150 loan helped a member to buy garments for sale.
100% repaid
Repayment Term
6 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Nov 21, 2013
Listed
Dec 25, 2013
Currency Exchange Loss:
Possible
Ended:
Apr 16, 2014