Kuña Aty Tembiapora Group
Nieve, through her hard work and efforts has continued to work to improve her financial situation with her work selling snacks, which is how she is getting ahead. She is a person who really wants to grow and get ahead. That is why she is working as hard as she can.
She is asking for this loan to buy ingredients to us in her snack shop. She sells food there and will buy meat, vegetables, condiments, flour, eggs and more. This way, she can keep working and having a way to help her family.
La Sra. Nieve, a través de su esfuerzo y el trabajo continuo se encuentra mejorando su situación económica, y por medio del trabajo que hace en el copetín que tiene es que está saliendo adelante. Ella es una persona con muchas aganas de crecer y salir adelante, es por eso que se está esforzando al máximo.
La Sra. Solicita de este crédito para la compra de ingredientes para utilizar en su copetín, ya que allí vende comestibles, y quiere comprar carnes, verduras, condimentos, harina, huevo y demás, y de esa forma seguir trabajando y teniendo los medios para ayudar a 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