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Mujeres En Accion Group
In this Group: Blanca, Lyz, Maria, Angelica, Lilian, Clemencia, Patrocinia, Cinthia, Sebastiana, Maria, Pablina, Nelida, Susana, Ruth, Laura, Bernarda*
* not pictured
Thanks to the effort and mutual work of its members, the group “Mujeres en Accion” (Women in Action) is in its 16th loan cycle. These women are very organized and they help one another grow. They also want to provide everything their families need. The women are taking a poverty elimination survey so that each of them can become familiar with their situations.


Patrocinia is one of the members. She sells lingerie and gives her best effort day after day to improve her finances so that she can provide what her family needs. Patrocinia says that her greatest strength is her family, so she strives to provide them the best. She is requesting a loan in order to buy lingerie to sell so that she can improve her inventory of products and provide her family with what they need. Patrocinia will also be able to continue growing her finances.

View original language description ↓
Mujeres en Accion gracias a su esfuerzo y trabajo en conjunto ya está en su ciclo numero 16. Ellas son mujeres muy organizadas, que se ayudan las unas a las otras para poder ir creciendo y también dar a sus familias todo lo que necesitan. Ellas están haciendo la encuesta de eliminación de pobreza para conocer la situación de cada una de ellas.
Patrocinia es una de las miembros, ella se dedica a la venta de lencería, se esfuerza al máximo día a día para poder mejorar su economía y de esa forma también poder dar a su familia lo que necesitan. Ella comenta que su mayor fortaleza es su familia, ya que lucha por ellos, y quiere darles lo mejor.
Solicita de este crédito para la compra de lencerías para la venta, de esa forma podrá mejorar sus productos y dar a su familia lo que necesitan. Y seguir creciendo en su economía.

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

  • $8,400
    Average annual income
  • 74
    View loans »
    Paraguay Loans Fundraising
  • $30,749,875
    Funds lent in using Kiva
  • 4,170.0
    Paraguay Guarani (PYG) = $1 USD

Success!! The loan was 100% repaid

A portion of Mujeres En Accion Group's $4,600 loan helped a member to buy lingerie to sell.
100% repaid
Repayment Term
6 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Apr 18, 2013
Listed
May 21, 2013
Currency Exchange Loss:
Covered
Ended:
Sep 22, 2013