Check out some available loans that are similar to this one!
Oñondivepa Group
In this Group: Elizabeth, Rita, Maria, Basilisa, Jessica, Valeria, Maria, Alicia, Claudia, Eduarda, Severiana, Eusebia, Angelica, Maria, Julia, Silvina, Irma*
* not pictured
Oñondivepa is on its third loan cycle. Twelve of the members live below the poverty line, but through their work, they want to grow to be able to help their families. One of the members is Estela. She works selling clothing, and she is making progress, since she only started this business a little while ago. She has a lot of desire to grow and improving in her business, and this is why she fights every day. She is applying for this loan to buy shorts, T-shirts, dresses, shirts, underwear, etcetera, which will help her to shore up her business plan, which will help her to increase her income. She is grateful for all the help that they are receiving, since it is a excellent opportunity for them.
View original language description ↓
Oñondivepa está en su 3° ciclo, donde 12 de las integrantes se encuentran por debajo de la línea de pobreza, pero por medio de su trabajo quieren ir creciendo para poder ayudar a sus familias.
Una de las integrantes es la Sra. Estela, quien se dedica a la venta de ropas, y está ganando terreno, ya que hace poco empezó con este negocio, ella tiene muchas ganas de crecer y de ir mejorando en su negocio y es por eso que día a día lucha.
La Sra. Solicita de este crédito para la compra de shorts, remeras, vestidos, camisillas, ropa interiores etc, lo que le ayudará a tener a concretar su plan de negocio, el cual le ayudará a mejorar sus ingresos. Agradece por la gran ayuda que están recibiendo, ya que es una excelente oportunidad para ellas.

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
  • 27
    View loans »
    Paraguay Loans Fundraising
  • $28,082,175
    Funds lent in using Kiva
  • 3,962.4
    Paraguay Guarani (PYG) = $1 USD

Success!! The loan was 100% repaid

A portion of Oñondivepa Group's $3,300 loan helped a member to buy shorts, T-shirts, dresses, shirts, underwear, etc.
100% repaid
Repayment Term
5 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jan 31, 2013
Listed
Mar 3, 2013
Currency Exchange Loss:
Covered
Ended:
May 17, 2013