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Ikuá David Group
In this Group: Abelina, Mariel, Reineria, Lila, Gregoria, Sonia, Adalita, Daicy, María Gloria, María Cristina, Patricia Del Pilar, Elsa, Carolina, Lourdes
The Ikua David Group of San Ignacio, Misiones, is engaged in general trade. Mrs. Sonia G., for example, sells perfumes, toys and cleaning supplies, among other things. She is asking for a loan to expand her suite of products to better meet customer needs.

With this loan the group moves to the 2nd level, and they are very encouraged to work as a team. They want to continue working in a responsible and united way to reach higher levels of the program.

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.

About Paraguay

  • $8,400
    Average annual income
  • 56
    View loans »
    Paraguay Loans Fundraising
  • $37,911,075
    Funds lent in using Kiva
  • 4,580.0
    Paraguay Guarani (PYG) = $1 USD

Success!! The loan was 100% repaid

A portion of Ikuá David Group's $1,650 loan helped a member buying enamels, toys, school supplies, cleaning supplies, toiletries, etc.
100% repaid
Repayment Term
6 months (Additional Information)
Repayment Schedule
Jan 17, 2011
Feb 12, 2011
Currency Exchange Loss:
Jun 15, 2011