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Tekojoaju Group
In this Group: Marta, Lurdes, Zunilda, Irma, Vuenaventura, Alice, Virginia, Eduarda, Blasida, Isidra, Nizaela, Doralicia, María
The Tekojoaju Group is in its first cycle of the women's committee program. They are indigenous women, all of them working and helping themselves to get ahead. They are doing the survey of poverty elimination, and all of the women are below the line of poverty with very scarce income.

One of the members is Martha, who through effort, continuous work, and by applying the vital behaviors of a successful woman, wants to keep improving her impoverished situation. Martha works in the development and sale of handicrafts with which she is trying to get ahead to be able to help her family. She is very determined and hardworking woman.

Martha is requesting a loan to purchase crafting materials to be able to keep making crafts and to fight for her family, which will help her realize her business plan and improve her income.
View original language description ↓
El grupo llamado Tekojoaju está en su primer ciclo del programa de comité de mujeres, son mujeres indígenas donde todas trabajan y se ayudan por salir adelante. Están haciendo la encuesta de eliminación de pobreza, todas las miembros están en por debajo de la línea de pobreza, es decir con ingresos muy escaso.
Una de las integrantes es la Sra. Marta, quien a través del esfuerzo y el trabajo continuo y la aplicaciones de los comportamientos vitales de una mujer exitosa, quiere ir mejorando su situación de pobreza, ella se dedica a la elaboración y venta de artesanías, con lo cual trata de salir adelante y poder ayudar a su familia. Es una mujer muy trabajadora y luchadora.
La Sra. Solicita de este crédito para la compra de materiales artesanal para poder seguir haciendo sus artesanías y luchar por su familia, lo que le ayudará a tener 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
  • 79
    View loans »
    Paraguay Loans Fundraising
  • $30,204,950
    Funds lent in using Kiva
  • 4,172.4
    Paraguay Guarani (PYG) = $1 USD

Success!! The loan was 100% repaid

A portion of Tekojoaju Group's $2,125 loan helped a member buy supplies such as clay, paints, and brushes, and other things to make crafts.
100% repaid
Repayment Term
9 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Apr 24, 2013
Listed
May 25, 2013
Currency Exchange Loss:
Covered
Ended:
Dec 17, 2013