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Marangatu Rape Group
In this Group: Luz, Lidia, Perla, Domiciana, Vianca, Fermina, Johana, Daniela, Nancy, Ema, Ana, Pastora*
* not pictured
The Marangatu Rape group is in its fifth loan cycle. In a poverty-elimination survey, six of the members were below the poverty line, with an income much lower, almost in extreme poverty. One of the members is Lidia, who in her last survey was found to be below the poverty line. She is working arduously selling clothes, since she wants to be able to increase her income so she can better help her family and improve their lives. Thanks to the support she is receiving she is very hopeful about continuing to fight for her dreams. She is requesting the loan to purchase all kinds of clothes so she can continue with her sales and earn better income.
View original language description ↓
El grupo llamado Marangatu Rape está en su ciclo número 5º del programa de comité de mujeres. Están haciendo la encuesta de eliminación de pobreza, donde 6 personas se encuentran por debajo de la línea de pobreza, siendo su ingreso mucho menor, casi en la pobreza extrema.
Una de las integrantes es la Sra. Lidia, quien en su última encuesta mostró un nivel de pobreza dentro del nivel uno, es decir por debajo de la línea de la pobreza. Ella está trabajando arduamente en la venta de prendas, ya que quiere poder mejorar su nivel de ingresos para poder darle una mayor ayuda a su familia y poder mejorar sus vidas. Gracias al apoyo que está recibiendo se ve muy esperanzada a seguir luchando por todo lo que sueña.
Solicita de este crédito para la compra de prendas de todo tipo, con lo cual podrá seguir con sus ventas y procurar mejores ingresos.

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
  • 43
    View loans »
    Paraguay Loans Fundraising
  • $28,281,050
    Funds lent in using Kiva
  • 4,018.8
    Paraguay Guarani (PYG) = $1 USD

Success!! The loan was 100% repaid

A portion of Marangatu Rape Group's $3,125 loan helped a member to purchase clothes to sell.
100% repaid
Repayment Term
6 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jan 22, 2013
Listed
Feb 20, 2013
Currency Exchange Loss:
Covered
Ended:
Jun 17, 2013