Kuña Kayupyry Group
Sonia, a member, was at poverty level one in the last survey. She sells prepared foods, traditional soups and breads, and clothing. She is hardworking and wants to succeed. She is applying for a loan to buy ingredients such as sweet corn, salt, cheese, eggs, and oil to prepare her dishes, which will help her firm up her business plan and increase her earnings.
Una de las integrantes es la Sra. Sonia, quien en su última encuesta mostró un nivel de pobreza dentro del nivel uno. Entre el trabajo que ella hace cuenta que hace ventas de comestibles , como ser sopa paraguaya, chipa, y ventas diarias de ropas. Como se ve, ella es muy trabajadora y quiere salir adelante.
La Sra. Solicita de este crédito para la compra de insumos para sus alimentos, como ser choclo, sal, queso, huevo, aceite y demás, lo que le ayudará a tener a concretar su plan de negocio, el cual le ayudará a mejorar sus ingresos.
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
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Success!! The loan was 100% repaid