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Mujeres Valientes Group
In this Group: Teodora, Mariana, Gladys, Cirila, Julia, Maria, Rosalina, Silvia, Catalina, Nancy, Maria
The group named “Mujeres Valientes” (Valiant Women) is in its sixth loan cycle as part of the Women’s Committee Program. Two members of this group are below the poverty line, so they are striving to grow and improve their economic situation.


One of the members is Sra. Cirila. Her latest survey indicated that she is at Level 1. For this reason, she is requesting a loan so that she can establish a new business of selling food. Cirila wants to buy ingredients so that she can make meat-filled pastries and other items in order to generate income. With the appropriate training and tracking, she will develop a business plan that will help her take better control over her earnings.

View original language description ↓
El grupo llamado Mujeres Valientes está en su sexto ciclo del programa de comité de mujeres, donde dos de las miembros del comité están por debajo de la línea de la pobreza, y ellas están luchando por mejorar su economía y crecer.
Una de las integrantes es la Sra. Cirila, quien en su última encuesta mostró estar en el nivel uno. Es por eso que ella está solicitando de este crédito, para poder emprender un nuevo negocio, que es la venta de comidas, y desea poder comprar ingredientes para empezar a vender empanadas milanesas entre otras cosas y con eso empezar a generar ingresos A parte de las capacitaciones correspondientes y de los seguimientos también hemos hacen un plan de negocio así para que puedan tener un mejor control de sus ganancias.

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
  • 93
    View loans »
    Paraguay Loans Fundraising
  • $31,568,700
    Funds lent in using Kiva
  • 4,039.3
    Paraguay Guarani (PYG) = $1 USD

Success!! The loan was 100% repaid

A portion of Mujeres Valientes Group's $2,925 loan helped a member to buy ingredients for food preparation.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Feb 21, 2013
Listed
Mar 23, 2013
Currency Exchange Loss:
Covered
Ended:
Sep 22, 2013