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Mujeres Luchadoras Group
In this Group: Valeriana, Gladys, Noelia, Myrian, Zunilda, Patricia, Marciana, Trinidad, Ignacia, Yngrid, Sonia, Sonia, Ursulina
The communal bank "Mujeres Luchadoras" is in its 15 loan cycle. Upon taking the poverty elimination survey, five members were found to be below the poverty line and these women, in particular, are finding the communal bank to be of great help to them.

One of the members of the group is Ursulina, who showed a a level 2 (intermediate) poverty level on her last survey. With support she has been able to get ahead and also help her family.

Ursulina is requesting a loan to buy fabric and thread so she can concrete her business plan and improve her income. She and the other members of the group are grateful for this opportunity which is very helpful to them and their families.
View original language description ↓
El grupo Mujeres Luchadoras está en su ciclo número 15, ellas estan haciendo la encuesta de eliminación de pobreza, donde 5 integrantes se encuentran por debajo de la línea de pobreza, resultado que ha salido del análisis de sus encuestas, estas mujeres en especial están viendo en el comité una gran ayuda para ellas.
Una de las integrantes es la Sra. Ursulina, quien en su última encuesta mostro un nivel de pobreza dentro del nivel dos, es decir intermedio. A través del esfuerzo y el trabajo continuo se encuentra mejorando su situación de pobreza, pero igualmente está consciente que su trabajo de modista la está ayudando mucho a salir adelante y también con ello ayuda a su familia.
La Sra. Solicita de este crédito para la compra de mas telas, hilos, lo que le ayudará a tener a concretar su plan de negocio, el cual le ayudará a mejorar sus ingresos. Ella y su grupo agradecen por la oportunidad que están recibiendo, ya que les será de mucha ayuda, no solo a ella, sino también a sus familias.

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
  • 69
    View loans »
    Paraguay Loans Fundraising
  • $28,785,675
    Funds lent in using Kiva
  • 4,114.4
    Paraguay Guarani (PYG) = $1 USD

Success!! The loan was 100% repaid

A portion of Mujeres Luchadoras Group's $3,650 loan helped a member to buy fabric and thread.
100% repaid
Repayment Term
6 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jan 15, 2013
Listed
Feb 15, 2013
Currency Exchange Loss:
Covered
Ended:
May 17, 2013