Mujeres Hacendosas Group
One of the members is Silvina, who acts as the group's treasurer. In her last survey, she came out with a result in the third level, or green on the program scale. However, she still continues to work tirelessly day after day to overcome all kinds of obstacles. It should be mentioned that she is a widow, and through her effort and continuous work, as well as applying the vital behaviors of a successful woman, she has managed to have all of her children study. Today, some of them are already professionals while some continue with their respective degrees.
Silvina has applied for this loan to buy meat, drinks, canned goods, milk, and other goods for her grocery store. She has a well-stocked business and these products will help her to firm up her business plan, which in turn will help her to increase her earnings and thus improve the quality of life of her family members.
Una de las integrantes es la Sra. Silvina, ella se desempeña como tesorera del grupo; ella en su última encuesta aunque haya arrojado un resultado del nivel tres o sea verde sigue trabajando incansablemente para día a día ir superando todo tipo de obstáculos que se le presentan, pues cabe mencionar que ella es viuda y gracias a su esfuerzo y el trabajo continuo y las aplicaciones de los comportamientos vitales de una mujer exitosa ha logrado hacer estudiar a sus hijos que hoy día algunos ya son profesionales mientras otros siguen con sus respectivas carreras.
La Sra. solicita este crédito para la compra de carnes, bebidas, enlatados, leche y demás insumos para su despensa, ya que tiene un negocio bien surtido y estos productos le ayudarán a concretar su plan de negocio, el cual le ayudará a aumentar sus ingresos y de esa manera mejorar la calidad de vida de los integrantes de su familia.
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
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.
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Success!! The loan was 100% repaid