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Las Perlas Del Sur Group
In this Group: Lorena, Silvia, Nanci, Silvia, María, Rita, Luz, Susana, Rosalva, Eva, Jesica, Herminia, Nancy, Lorenza, Gertrudis*
* not pictured
The members of this group have been together for thirteen cycles. As you can see, with heir hard work and efforts they have grown. With the help of the foundation, they hope to keep growing and giving their best effort to give their families what they need. They are participating in a poverty elimination survey in order to know the situation of each of them.

One of the members is Silvia. She makes chipas (a traditional Paraguayan food) in her house. She is asking for the loan to buy supplies to make the chipas. In the last survey she had good income, but she still is enthusiastic about working in order to keep growing.

It is also worth noting the work of the consultants, who do a permanent follow up of trainings and verifications that can be required and at the same time motivate the women to fight to be able to keep progressing.
View original language description ↓
Trece ciclos llevan juntas las integrantes de este grupo, como se ve, ellas con su trabajo y su esfuerzo es que están creciendo, y por medio de la ayuda de la fundación esperan seguir creciendo y dando su mejor esfuerzo para dar a sus familias lo que necesitan. Ellas están haciendo la encuesta de eliminación de pobreza, para conocer la situación de cada una.
Una de las integrantes es la Sra. Silvia, ella tiene una chipería en su casa, donde hace deliciosas chipas y las vende (Alimento típico paraguayo) y el crédito que solicita lo utilizará para la compra de insumos para la elaboración de las chipas , en su última encuesta se encontraba con buenos ingresos, pero de igual manera sigue muy entusiasmada trabajando por seguir creciendo.
También se debe destacar el trabajo de las asesoras, quienes hacen un seguimiento permanente de capacitaciones y verificaciones que de alguna manera exigen y al mismo tiempo incentivan a las mujeres a luchar para poder progresar continuamente.

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
  • 136
    View loans »
    Paraguay Loans Fundraising
  • $31,646,450
    Funds lent in using Kiva
  • 4,414.4
    Paraguay Guarani (PYG) = $1 USD

Success!! The loan was 100% repaid

A portion of Las Perlas Del Sur Group's $5,000 loan helped a member to buy supplies to make chipas, such as corn meal, eggs, lard, anise and more.
100% repaid
Repayment Term
6 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
May 22, 2013
Listed
Jun 19, 2013
Currency Exchange Loss:
Covered
Ended:
Oct 17, 2013