Kuña Kyrey Group
One of the members is Maria, who is getting ahead by selling baked goods. She says she has built up a very good clientele who always buy her freshly baked goods from her, thereby giving her the income she needs to cover day to day necessities. Her dream is to be able to have a good bakery where she can continue with her production and also be able to help other people by giving them work.
She is requesting this loan so she can purchase flour, eggs, salt, yeast, and other items in order to be able to continue growing and investing in her business plan.
Una de las integrantes es la Sra. Maria, quien por medio de la venta de panificados está saliendo adelante. Cuenta que se hizo de muy buena clientela que siempre compra de ella sus panificados frescos y por medio de eso tiene los ingresos que necesita para cubrir las necesidades del día a día. Su sueño es poder tener una buena panadería donde poder seguir con su producción y también poder ayudar a otras personas dándoles trabajo.
La Sra. Solicita de este crédito para la compra harina, huevo, sal, levadura y demás, para poder seguir creciendo e invirtiendo en su plan de negocios.
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
40View loans »
Success!! The loan was 100% repaid