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Ñepytyvo Group
In this Group: Sandra, Elida, Nancy, Gladys, Vidalia, Sonia, Doris, Gregoria, Mirian, Cynthia, Liz*
* not pictured
The group Ñepytyvo is in its first loan cycle with the women’s committee, where the majority of the members work and help one another get ahead. They are doing a study on the elimination of poverty; six of the members are below the poverty line. Above all, the members are fighting to better their lives and get ahead.

One of the members is Gregoria, who crochets and does embroidery to earn an income to support her family. She says that life is difficult, but she works hard because she doesn’t want her family to suffer any of the hardships that she had to endure.

She is requesting the loan to invest in needle and thread, which she can use to continue doing embroidery and earning the income they need.
View original language description ↓
El grupo Ñepytyvo está en su ciclo número 1 del programa de comité de mujeres, donde la mayoría trabajan y se ayudan por salir adelante. Están haciendo la encuesta de eliminación de pobreza, donde 6 integrantes se encuentran por debajo de la línea de pobreza, y por sobre todo ellas están luchando por mejorar y salir adelante.
Una de las integrantes es la Sra. Gregoria quien hace crochet, bordados, y con ello tiene el ingreso para tratar de ayudar a su familia. Cuenta que la vida esta difícil, pero que se esfuerza, ya que no quiere que su familia pase privaciones como las que ella tuvo que pasar.
Solicita de este crédito para poder invertirlo en la compra de hilos y agujas, y con ello poder seguir haciendo los bordados y teniendo los ingresos que necesitan.

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
  • 86
    View loans »
    Paraguay Loans Fundraising
  • $31,492,275
    Funds lent in using Kiva
  • 3,965.0
    Paraguay Guarani (PYG) = $1 USD

Success!! The loan was 100% repaid

A portion of Ñepytyvo Group's $1,575 loan helped a member purchase needle and thread.
100% repaid
Repayment Term
9 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jan 24, 2013
Listed
Feb 23, 2013
Currency Exchange Loss:
Covered
Ended:
Sep 22, 2013