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Kuarahy Rese Group
In this Group: Lilian, Luciana, Jeny, Vilma, Julia, Rosana, Maria, Maria, Ana, Yennifer, Alicia, Buenaventura, Vidalia, Emerenciana, Liz, Magi, Diana, Liz*
* not pictured
The Kuarahy Rese group formed with the union of friends and neighbors of the city of Itá. They are in their 8th cycle of the program committee, where they all work and help each other to improve, through their strength and continuous work in the group.

Señora Lilian is the president of this group, and since its inception has always tried to motivate her fellow members to continue fighting to be able to improve their lives. She sells various foods, which with many sacrifices she is able to sell as a street vendor. She states that she begins every day in the early morning hours, at which point she starts to make her food. Her dream is to have a large store and from there sell her delicacies.

She asks this loan to buy raw materials for her food, such as meat, spices, breads, vegetables, and more, and is grateful for this opportunity she is receiving.
View original language description ↓
El grupo Kuarahy Rese se formó con la unión de amigas y vecinas de la ciudad de Itá, están en su ciclo número 8 del programa de comité, donde todas trabajan y se ayudan por salir adelante, través del esfuerzo y el trabajo continuo dentro del grupo.
La Sra. Lilian es la presidenta de este grupo, y cuenta que desde sus inicios siempre trata de poder motivar a sus compañeras a seguir luchando para poder mejorar sus vidas. Ella se dedica a la venta de comidas varias, que con mucho sacrificio sale a vender de forma ambulante. Comenta que todos los días empieza su dia desde muy tempranas horas, ya que a esa hora empieza a hacer sus comidas. Su sueño es poder tener una tienda grande y ahí poder vender sus delicias.
Pide este préstamo para la compra de materia prima para sus comidas, como ser carne, condimentos, panes, hortalizas y demás y agradece por esta oportunidad que esta recibiendo.

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
  • 75
    View loans »
    Paraguay Loans Fundraising
  • $30,204,950
    Funds lent in using Kiva
  • 4,443.0
    Paraguay Guarani (PYG) = $1 USD

Success!! The loan was 100% repaid

A portion of Kuarahy Rese Group's $5,850 loan helped a member to buy raw material for food, such as meat, spices, breads, vegetables and more.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jan 23, 2014
Listed
Feb 24, 2014
Currency Exchange Loss:
Possible
Ended:
Aug 17, 2014