Mujeres Emprendedoras Group
One of the members is Luisa, who came out at the middle level in her last survey. She says that, because of all her work, she has a stronger store after having the loans from Fundación Paraguaya. The work she does should also be highlighted because she always makes the maximum effort to grow and get ahead.
She's requesting this loan to buy flour, sugar, noodles, oil, milk, beverages, and other things. This will help her firm up her business plan, which will help her improve her income.
Una de las integrantes es la Sra. Luisa quien en su última encuesta mostró estar en un nivel medio. Entre el trabajo que ella hace cuenta que tiene una despensa mas solida luego de contar con los créditos de la Fundación Paraguaya, también se debe destacar el trabajo que ella hace, ya que se esfuerza siempre al máximo por crecer y salir adelante.
La Sra. Solicita este crédito para la compra de harina, azúcar, fideo, aceite, leche, bebidas en general; 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
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Success!! The loan was 100% repaid