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Kuña Guapa 2 Group
In this Group: Valentina, Maria, Gisselle, Lilian, Liz, Ana, Liz, Eugenia, Apolonia, Mirian, Bibian, Catalina, Ramona, Fanny, Maria, Blanca, Estela, Maria*
* not pictured
The Kuña Guapa 2 group is in its first loan cycle, and all of the members promise to work and help each other make headway. They are doing the poverty spotlight program, and three of the 18 members fall below the red level, or the extreme poverty line, so they must fight to improve their situation. Valentina is one of these women, and she sells all kinds of clothing. She is a person whose effort and constant positive attitude stand out. She is the breadwinner of her home, and does everything in her power to give her family everything she wasn't able to have. She is requesting this loan to invest in her business, buying a large selection of summer clothes to offer her customers since it is the hot season.
View original language description ↓
El grupo llamado Kuña Guapa 2 está en su primer ciclo del programa de comité, donde todas se comprometieron a trabajar y a ayudarse entre todas para salir adelante. Están haciendo la encuesta de eliminación de pobreza, donde 3 de las 18 señoras se encuentran por debajo de la línea de pobreza, es decir que están en el nivel rojo, lo que quiere decir que deben seguir luchando por mejorar.
Valentina es una de estas mujeres, quien vende prendas variadas de todo tipo, es una persona que se destaca por el esfuerzo y por la actitud positiva que siempre tiene. Es el sostén de su casa, y con los ingresos que tiene, les da todo lo que ella no pudo tener. Pide este préstamo para poder invertir en su emprendimiento, ya que quiere comprar ropas de verano, ya que estamos en la temporada de calor, y quiere ofrecer una buena variedad a sus clientes.

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
  • 61
    View loans »
    Paraguay Loans Fundraising
  • $27,639,125
    Funds lent in using Kiva
  • 4,552.0
    Paraguay Guarani (PYG) = $1 USD

Success!! The loan was 100% repaid

A portion of Kuña Guapa 2 Group's $3,050 loan helped a member to purchase summer clothes to sell.
100% repaid
Repayment Term
5 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jan 15, 2014
Listed
Feb 24, 2014
Currency Exchange Loss:
Possible
Ended:
May 22, 2014