Mujeres Luchadoras Group
One of the members is Antonia. She is willing to work and via her work improve her income and her family's life. Antonia sells all types of clothing. She has a good clientele because she always offers good clothing at a good price and this attracts a lot of customers. Her goal is to be able to keep growing and helping her family with this income, as well as to serve her customers.
She is asking for this loan to buy winter clothing. The cold weather is coming and she wants to offer a good variety to her customers and also have better income.
Una de las integrantes es la Sra. Antonia, quien se encuentra dispuesta a trabajar y así, por medio de ese trabajo ir mejorando sus ingresos y la de su familia. Antonia se dedica a la venta de prendas de todas clases, tiene muy buena clientela, ya que siempre ofrece muy buenas prendas por un buen precio, y eso atrae a muchos clientes, su meta es poder seguir creciendo y ayudando a su familia con esos ingresos y a la vez cumplir con sus clientes.
Solicita de este crédito para la compra de prendas de invierno, ya que se acerca la época de frio y quiere poder ofrecer una buena variedad a sus clientes y tener también así mejores 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