Tajy Poty Group
The president of the group is Juana. Juana's last survey produced a very good result and she is unstoppable in her work every day as she overcomes any obstacles that she faces. It should also be mentioned that, thanks to her efforts, she now has her own fruit selling business. Before she was a street vendor but Juana now sells out of her own home. Juana is very hard-working and always puts in the effort to move forward in life.
Juana is applying for this loan to buy more seasonal fruits as there is a lot of demand. The loan will help Juana to put her business plan into action, which will help increase her income and so improve her family's quality of life.
La Presidenta es la señora Juana; ella en su última encuesta aunque haya arrojado un resultado muy bueno sigue trabajando incansablemente para día a día ir superando todo tipo de obstáculos que se le presentan, pues cabe mencionar que ella gracias a su esfuerzo ya posee su propio negocio de venta frutas, anteriormente lo hacía en forma ambulante y hoy día ya tiene su pequeño local en su propia casa. Ella es una persona muy trabajadora que siempre se esfuerza por salir adelante.
Doña Juana solicita este crédito para la compra de más frutas de estación, debido a que tiene mucha demanda, lo que le ayudará a concretar su plan de negocio, el cual contribuirá al aumento de sus ingresos y de esa manera mejorar la calidad de vida de los integrantes de su familia.
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