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Mujeres Luchadoras Group
In this Group: Hilda, Juana, Gladys, Justina, Basilicia, Sabina, Rosa, Blanca, Juana, Lidia, Lilian, Alice
The group called "Mujeres Luchadoras" is in its first cycle. They are starting to do a survey on the elimination of poverty. They are very hard-working women who joined together in order to seek the best for their families.
Hilda, one of the members, is working arduously to get ahead and help her family, through her work and with the help of her group. She knows that work is the only way to get ahead. Hilda is a merchant and has a small but well-stocked store. She works there every day from the wee hours of the morning. Her goal is to be able to keep working and expanding her business.
She is requesting this loan in order to invest in the purchase of vegetables, condiments, meat, milk, bread ingredients, and other items. These are her biggest sellers, and she wants to have a good stock of them.
View original language description ↓
El grupo llamado Mujeres Luchadoras está en su ciclo número 1, están empezando a hacer su encuesta de eliminación de pobreza, ellas son mujeres muy trabajadoras que se unieron por buscar un bien para sus familias.
Hilda, una de las miembros, esta trabajando arduamente por salir adelante y ayudar a su familia por medio de ese trabajo y con ayuda de su grupo. Ella es consciente de que trabajando es la única forma de salir adelante. Hilda se dedica a las ventas, ya que tiene una despensa pequeña, pero bien surtida, en la cual trabaja todos los días desde muy tempranas horas de la mañana. Su meta es poder seguir trabajando y de esa forma ir creciendo con su negocio y seguir trabajando como lo viene haciendo.
Solicita de este crédito para poder invertirlo en la compra de verduras, condimentos, carnes, leche, panificados y demás, ya que son los productos que más vende y quiere poder tener un buen stock de ellos.

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
  • 63
    View loans »
    Paraguay Loans Fundraising
  • $30,749,875
    Funds lent in using Kiva
  • 3,919.3
    Paraguay Guarani (PYG) = $1 USD

Success!! The loan was 100% repaid

A portion of Mujeres Luchadoras Group's $1,800 loan helped a member to buy vegetables, condiments, meat, milk, bread ingredients, and other items.
100% repaid
Repayment Term
6 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jan 28, 2013
Listed
Feb 27, 2013
Currency Exchange Loss:
Covered
Ended:
Jun 17, 2013