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Mujeres Unidas Group
In this Group: Lissa, Liliana, Elvira, Ramona, Gladys, Delia, Edil, Maria, Frida, Rossana, Ramona, Juana*, Lourdes*
* not pictured
This group, Mujeres Unidas (Women United), is in the city of Encarnación. It is on its tenth loan cycle. They are all united with the goal of helping each other and giving their families everything that they need through this work. Edil is part of this group. She works sewing all kinds of articles of clothing, through which she helps her family and has the means to help them. Edil is very talented at what she does, and this is why her work is going well for her. She already has a good customer base, but she works every day to grow more. She is asking for this loan to investing it in buying thread, fabric, elastic, and more supplies to keep sewing her orders and meeting her customers' needs, while she grows as a micro-businesswoman.
View original language description ↓
El grupo llamado Mujeres Unidas es de la cuidad de Encarnación, está en su ciclo numero 10, donde todas se unieron con el objetivo de ayudarse las unas a las otras y por medio de ese trabajo dar a sus familias todo lo que necesitan.
La Sra. Edil es parte de este grupo, ella se dedica a la confección de todo tipo de prendas, con lo que está ayudando a su familia y tiene los medios para ayudarlos. Edil es muy talentosa en lo que hace, y es por eso que le está yendo muy bien con su trabajo. Tiene ya muy buena clientela, pero se esmera por cada día ir creciendo más.
Edil solicita de este crédito para poder invertirlo en la compra de hilos, telas, gomas y demás insumos para seguir confeccionando sus pedidos y cumpliendo con sus clientes, a la vez que va creciendo como microempresaria.

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
  • 94
    View loans »
    Paraguay Loans Fundraising
  • $31,365,875
    Funds lent in using Kiva
  • 4,012.2
    Paraguay Guarani (PYG) = $1 USD

Success!! The loan was 100% repaid

A portion of Mujeres Unidas Group's $6,175 loan helped a member to buy fabric, thread, elastic, and more.
100% repaid
Repayment Term
7 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Feb 19, 2013
Listed
Mar 18, 2013
Currency Exchange Loss:
Covered
Ended:
Aug 17, 2013