Mujeres Valientes Group
Claudelina, one of the members, makes a living selling clothing. She says that thanks to her business she's growing and helping her family have what they need.
She's requesting this loan to buy winter clothing because the cold weather is coming and she wants to be able to have clothes in stock to sell to her customers and continue earning a good income.
Claudelina, una de las miembros, se dedica a la venta de ropas, y cuenta que gracias a su negocio está creciendo y ayudando a su familia a tener lo que necesitan. Ella solicita de este crédito para la compra de prendas de invierno, ya que se acerca el frio quiere poder tener un stock de prendas que ofrecer a sus clientes y así seguir con buenos 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