Check out some available loans that are similar to this one!
Ita Yvate Group
In this Group: Basti, Cheni, Silda, Luz, Victorina, Silvia, Isabel, Graciela, Perla, Tociana, Gladys, Sara
The group known as "Ita Ybate" is in its 5th cycle with the Women's Committee Program. The members are part of a poverty elimination program, where each one's economic level is measured and the assistance is focused according to the results.

One of the members is Gladys, who at the last survey was at the level three poverty level. Through her hard work and constant effort she is able to help her family and maintain her business. She sells all types of garments and is content because it's going very well and she has very good clientele.

She asks for this loan to buy a variety of garments like shirts, shorts, t-shirts and other things, since with these she will be able to have various things to offer her customers.
View original language description ↓
El grupo llamado Ita Ybate está en su ciclo número 5 del programa de comité de mujeres, las integrantes están haciendo la encuesta de eliminación de pobreza, donde se puede medir cual es el nivel económico de cada una de ellas y de esa forma poder enfocar la ayuda a las mismas.
Una de las integrantes es la Sra. Gladys quien en su última encuesta mostro un nivel de pobreza dentro del nivel tres . A través del esfuerzo y el trabajo continuo que ella hace puede ayudar a su familia, y mantener su negocio. Ella vende todo tipo de prendas y está contenta, ya que le va muy bien y tiene muy buena clientela.
Solicita de este crédito para la compra de prendas de todo tipo, como ser camisas, shorts, remeras y demás, ya que con esto podrá tener variedades varias que poder ofrecer a sus clientes.

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
  • 47
    View loans »
    Paraguay Loans Fundraising
  • $28,281,075
    Funds lent in using Kiva
  • 4,016.1
    Paraguay Guarani (PYG) = $1 USD

Success!! The loan was 100% repaid

A portion of Ita Yvate Group's $2,950 loan helped a member to buy garments to sell.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jan 18, 2013
Listed
Feb 17, 2013
Currency Exchange Loss:
Covered
Ended:
Aug 17, 2013