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Mujeres Emprendedoras Group
In this Group: Rosalba, Oilda, Gladys, Aurelia, Rosa, Daisy, Lucia, Cladis, Luisa, Maria, Blanca, Sandra, Blanca, Teresa, Gilda, Marta, Claudelina*, Arminda*, Lucia*
* not pictured
The Mujeres Emprendedoras group is in its ninth loan cycle in the program of the women's committee, in which they all work and help each other mutually to get ahead. They're doing the poverty-elimination survey, which allows them to determine each one's economic situation. Almost all the members already managed to get above the poverty line through the business plan and sales techniques trainings.

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.
View original language description ↓
El grupo llamado Mujeres Emprendedoras; está en su ciclo número 9 del programa de comité de mujeres, donde todas trabajan y se ayudan por salir adelante. Están haciendo la encuesta de eliminación de pobreza el cual les permite saber la situación económica de cada una, donde casi todas las integrantes ya lograron superar la línea de pobreza; a través de las Capacitaciones del Plan de Negocios y Técnica en Ventas.
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.

Additional Information

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 Paraguaya

Fundación 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.

About Paraguay

  • $4,555
    Average annual income
  • 51
    View loans »
    Paraguay Loans Fundraising
  • $28,194,925
    Funds lent in using Kiva
  • 4,097.7
    Paraguay Guarani (PYG) = $1 USD

Success!! The loan was 100% repaid

A portion of Mujeres Emprendedoras Group's $5,150 loan helped a member to buy flour, sugar, noodles, oil, milk, beverages, etc.
100% repaid
Repayment Term
6 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Mar 13, 2013
Listed
Apr 17, 2013
Currency Exchange Loss:
Covered
Ended:
Jul 17, 2013