Nancy is asking for this loan in order to buy good such as drinks and dairy products in bulk. This way, she will be able to continue providing her clients with the goods that they need.
Una de las integrantes es la Sra. Nancy, quien en su última encuesta mostró un nivel de pobreza dentro del nivel tres. A través del esfuerzo y el trabajo que ella hace esta creciendo y manteniendo a su familia. Ella tiene su propia despensa donde surte a sus vecinos del barrio y gracias a su buena atención y precios se ha hechos de muy buena clientela, lo que le ayuda mucho a mejorar su economía.
Ella solicita el crédito para la compra de productos a granel, bebidas, lácteos y demás, ya que con eso quiere seguir dando a su clientela todo lo que necesitan.
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