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Mujeres Emprendedoras Group
In this Group: Dalila, Addia, Marina, Amalia, Concepcion, Mirtha, Elvira, Cynthia, Florinda, Sonia, Eunice, Maria, Sonia*
* not pictured
This communal bank was started by one of the members, whose motivation was helping her friends and neighbors. The group comprises 13 members, all of whom have a trade or business that, small as it may be, keeps them working in accordance with a poverty reduction program. Their progress is measured by 50 poverty indicators, and the program shows them ways to increase their income and improve their standard of living through hard work and sacrifice.

Addia is one example; she sells prepared foods. Thanks to her efforts, training, and a counselor's oversight, she is helping her family. She and the other members have come far and have grown their businesses. Addida is applying for a loan to buy flour, eggs, meat, oil, vegetables, and other supplies to prepare the food she sells.
View original language description ↓
Este Comité se formo a una de las miembros que se motivo para ayudar a sus amigas y vecinas, El comité cuenta con trece (13) integrantes en donde todas tienen una pequeña actividad a la cual se dedican por más pequeña que sea, están trabajando según el proyecto de eliminación de pobreza, y su progreso está siendo medido con el semáforo de 50 indicadores de pobreza, para que las mismas puedan aumentar sus ingresos y así mejorar sus vidas por medio de su esfuerzo y sacrificio.
Addia es una ejemplo, ya que vende comestibles, y gracias a su trabajo ayuda a su familia, con las capacitaciones y el seguimiento de su asesora están llegando lejos ella y sus compañeras, pudiendo asi mejorar mucho.
Addia solicita de este crédito para poder invertirlo en la compra de harina, huevos, carne, aceite, verduras, entre otros productos para la elaboración de los alimentos que vende.

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

  • $8,400
    Average annual income
  • 103
    View loans »
    Paraguay Loans Fundraising
  • $30,964,800
    Funds lent in using Kiva
  • 4,114.4
    Paraguay Guarani (PYG) = $1 USD

Success!! The loan was 100% repaid

A portion of Mujeres Emprendedoras Group's $3,125 loan helped a member to buy flour, eggs, meat, oil, vegetables, and other items.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jan 14, 2013
Listed
Feb 14, 2013
Currency Exchange Loss:
Covered
Ended:
Aug 17, 2013