Check out other loans that are currently fundraising!
Mingueras Solidarias Group
In this Group: Francisca, Viviana, Raquel, Mirian, Ana, Zunilda, Liz, Maria, Severiana, Paola, Ignacia, Mirian, Dorila, Rosana*
* not pictured
"Mingueras Solidarias" is the name of this communal bank from Ciudad del Este. The group consists of 14 women who are all friends and neighbors from the same area. They are in their 6th loan cycle in the Committee of Women program in the Fundacion Paraguaya. The members are taking the poverty elimination survey to understand the situation of each one of the members.

Dorila is the only one who, according to the survey, is at a very low level of income. She is aware that the only way to see growth is through her efforts and hard work, and so for this reason she is putting everything she has into her work. She is a housewife, but she is also starting up a business selling food. She is requesting this loan to buy vegetables, meat, condiments, flour, and other supplies she needs to start up her business and thereby increase her income.
View original language description ↓
Mingueras Solidarias lleva por nombre este grupo de Ciudad del Este, se formo con 14 mujeres, todas ellas amigas y vecinas del barrio, están en su sexto ciclo del programa de comité de mujeres y también están haciendo la encuentra de eliminación de pobreza, que les permite conocer la situación de cada una de ellas.
Dorila es la única que según la encuesta esta con un nivel de ingresos muy bajos, ella es consciente que la única forma de crecer es por medio de su esfuerzo y trabajo, es por eso que está poniendo todo de sí. Ella es ama de casa, pero esta emprendiendo el negocio de la venta de comidas.
Solicita de este crédito para la compra de verduras, carnes, condimentos, harina, y demás insumos para poder empezar a emprender en su negocio y 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

  • $8,400
    Average annual income
  • 101
    View loans »
    Paraguay Loans Fundraising
  • $32,366,075
    Funds lent in using Kiva
  • 4,370.3
    Paraguay Guarani (PYG) = $1 USD

Success!! The loan was 100% repaid

A portion of Mingueras Solidarias Group's $2,775 loan helped a member to buy vegetables, meat, condiments, flour, and other supplies.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
May 20, 2013
Jun 18, 2013
Currency Exchange Loss:
Dec 17, 2013