In a remote area of Carapegua called Quiindy, a group of women heard about The Committee of Entrepreneuring Women. They set up a meeting and shared their desire of changing their world for the better by working very hard. These hopeful words stimulated optimism among these women and they decided to form a Committee.
Among the businesses these women run are grocery stores and sales of chipas and crafts. Some of these women are weavers. They need the credit to buy the materials related to their businesses; for instance, threads, fabrics, crafts, and ingredients to prepare chipas and others.
About Fundación ParaguayaFundación 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
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Success!! The loan was 100% repaid