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Kuña Rory Group
In this Group: Felicia, Norma, Liz, Blanca, Celedonia, Natalia, Rossana, Sixta, Lucia, Norma, Lourdes, Mabel, Jovita, Manuela, Celia, Elba, Ruth, Sulma*, Dominga*, Angelica*
* not pictured
The group called Kuna Rory is in its 8th cycle of the programme of the committee of women, where all members work and help themselves to get by in life through the effort and unrelenting work of the group. All of the members are actively involved in the proposed activities of the group, mutually helping themselves reach the common goals that they set out. Norma is a person known for her work ethic, since she is both dressmaker and at the same time works selling all kinds of haberdashery products. She began her work with a great deal of sacrifice, but nowadays she has a very good clientele, thanks to her friendliness with others. She notes also that through her work she has been able to help her family with the income she earns. Today this loan is being requested in order to buy fabric and yarn for dressmaking. With this she will be able to keep working hard for her family and loved ones.
View original language description ↓
El grupo llamado Kuña Rory está en su ciclo 8 del programa de comité de mujeres, donde todas trabajan y se ayudan por salir adelante, través del esfuerzo y el trabajo continuo dentro del grupo. Todas ellas participan activamente en las actividades propuestas por el grupo, se ayudan mutuamente para llegar a los objetivos en común que tienen dentro del grupo.
Norma es una persona que se destaca por su esfuerzo y por su trabajo, ya que se dedica a ser modista y también se dedica a la venta de mercería de todo tipo de productos. Empezó su trabajo con mucho sacrificio, pero hoy ya tiene muy buena clientela gracias a su amabilidad con las demás personas, comenta también que por medio de su labor puede ayudar a su familia con los ingresos que obtiene. Hoy pide de este préstamo ya que quiere invertirlo en la compra de telas e hilos para la confección que hace, y de esa forma poder seguir luchando por su familia y sus seres queridos.

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.

Tags

About Paraguay

  • $4,555
    Average annual income
  • 67
    View loans »
    Paraguay Loans Fundraising
  • $29,036,000
    Funds lent in using Kiva
  • 4,588.0
    Paraguay Guarani (PYG) = $1 USD

Success!! The loan was 100% repaid

A portion of Kuña Rory Group's $4,925 loan helped a member to buy fabric and yarn for dressmaking.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Nov 27, 2013
Listed
Dec 30, 2013
Currency Exchange Loss:
Possible
Ended:
Jun 17, 2014