Mujeres En Progreso Group
Maria works selling clothing and footwear, and she is trying to improve her economic situation through her hard work and dedication. Additionally, the trainings she has received as part of the microfinance lending group she belongs to have been very helpful for her as she applies what she has learned to her business.
At this time, Maria is asking for a loan in order to buy clothing and footwear of the season, which will help her to finalize her business plan and improve her earnings.
Ella se dedica a la venta de prendas y calzados, y está tratando de mejorar su economía por medio de su esfuerzo y dedicación. Además de eso las capacitaciones que recibe le han sido de mucha ayuda para aplicarlo a sus negocios.
La Sra. Solicita de este crédito para la compra de ropa y calzados de temporada lo que le ayudará a tener a concretar su plan de negocio, el cual le ayudará a mejorar sus ingresos.
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