Mujeres Unidas Group
One of the members is Mrs. Mirian, who is in poverty level 2 according to the survey, something that inspires her to work harder and get ahead. Mirian sells empanadas [stuffed bread or pastry baked or fried] and beverages. It is important to highlight her effort to learn and improve more every day. Her goal is to have her own food business one day and continue to delight her customers with the delicious foods she prepares.
Mirian is requesting this loan to buy beverages and ingredients for her food, such as meat, flour and eggs. This will help her to make her business plan a reality and improve her income.
Una de las integrantes es la Sra. Mirian, quien en su encuesta de eliminación de pobreza esta en el nivel dos, y eso es lo que la motiva aun mas para poder esforzarse y salir adelante. Ella se dedica a la venta de empanadas y venta de Bebidas, también se debe destacar el trabajo que esta Sra. esta haciendo, ya que se esfuerza mucho por aprender y día a día superarse. Su meta es poder tener algún día un gran negocio de comidas y seguir deleitando a su clientela con todas las ricas comidas que hace.
La Sra. Solicita de este crédito para la compra de Gaseosas, materia prima para la elaboración de la comida carne, harina, huevo entre otros; lo que le ayudará 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
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