Check out some available loans that are similar to this one!
Kuña Pyryry Group
In this Group: Magdalena, Rafaela, Pablina, Blanca, Mary, Yohana, Dionicia, Noelia, Mirta, Sofia, Celia, Dora, Magali*
* not pictured
Kuña Pyryry is in its 15th loan cycle in the women’s committee program where they all work to help each other get ahead. They are conducting a poverty elimination survey, where, thanks to everyone’s work and effort, they are all improving quite a bit and overcoming their deprivations.

Sra. Mirta is one of the members who sells all kinds of lingerie. She notes that she already has a customer base that always buys items from her becaise they are of very high quality and at a low price. She is a responsible person who always wants to work and
who displays an enterprising spirit.

She is requesting this loan to purchase lingerie to sell and to meet her customers’ demands. She is grateful for the opportunity that she and her co-workers will receive so they can continue improving themselves every day.
View original language description ↓
Kuña Pyryry está en su ciclo 15 del programa de comité de mujeres, donde todas trabajan y se ayudan por salir adelante. Están haciendo la encuesta de eliminación de pobreza, donde gracias al trabajo de todas y a su esfuerzo, están mejorando bastante y superando sus privaciones.
Una de las integrantes es la Sra. Mirta, quien vende todo tipo de lencerías, y comenta que ya tiene una clientela formada que siempre compra de ella sus prendas, ya que son de muy buena calidad y a bajo costo. Ella es una persona responsable que siempre quiere trabajar y esta con muy buen espíritu emprendedor.
Pide este préstamo para comprar prendas de lencería para poder venderlas y cumplir con sus clientes. Esta agradecida por la oportunidad que ella y sus compañeras reciben de ir superándose cada dia.

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
  • 17
    View loans »
    Paraguay Loans Fundraising
  • $29,311,225
    Funds lent in using Kiva
  • 4,595.0
    Paraguay Guarani (PYG) = $1 USD

Success!! The loan was 100% repaid

A portion of Kuña Pyryry Group's $4,625 loan helped a member to purchase lingerie items to sell.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Nov 22, 2013
Listed
Dec 26, 2013
Currency Exchange Loss:
Possible
Ended:
Jun 17, 2014