Mujeres Valientes Group
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.
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.
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