Tacuaree Poty Group
All of them are very hardworking and responsible mothers. They always get together to resolve any problems in the group. They always help their community and also each other, so that in this way, they can get ahead together.
The loan that they are requesting now is for ambulatory sales in the area. They do this in the rain and with no assistance, in order to help their children and spouses who help them with their sales.
Georgelina is requesting this loan for the purchase of clothing, as she works independently with the help of her family.
Todas son mamas muy responsables y trabajadoras se reúnen siempre para resolver cualquier problema del grupo, ayudan a su comunidad siempre y entre ellas también todas para que así puedan salir adelante juntas.
El crédito que solicitan ahora son todo para sus ventas ambulantes en la zona, lo hacen con lluvia o no con la ayuda, para poder ayudar a sus hijos y maridos que le ayudan en la ventas. La señora Georgelina por solicita este crédito para la compra de ropas ya que ella trabaja de manera independiente con la ayuda de su familia.
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 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
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.
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Success!! The loan was 100% repaid