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Mujeres Emprendedoras De Las Colinas Group
In this Group: Maria, Felisiana, Nohelia, Wilma, Rosana, Liz, Agustina, Silvia, Cynthia, Juana, Marina, Romilda, Eulalia, Veronica, Estela*
* not pictured
The Mujeres Emprendedoras de las Colinas group is starting to work with the Fundación Paraguaya. It is in its first cycle, where they are very eager to work together, learn a lot, and attend the trainings. They are taking part in the survey to eliminate poverty in order to be able to learn about each other’s situations.

Juana is one of the members, and she is at a poverty level of one. That is to say that her income is very low. However, she is aware that through effort and work, it will improve. She sells clothes and shoes. Also, it should be noted that she is very determined.

She is requesting this loan to be able to buy shoes and clothes. She will do this in order to be able to continue growing and selling her products.
View original language description ↓
El grupo llamado Mujeres Emprendedoras de las Colinas está empezando a trabajar con la Fundación Paraguaya. Está en su ciclo uno, donde están con muchas ansias de trabajar juntas aprender mucho y asistir a las capacitaciones. Ellas hacen la encuesta de eliminación de pobreza para poder conocer la situación de cada una.
Juana una de las integrantes, tiene un nivel de pobreza uno, es decir con ingresos muy por debajo, pero es consciente que a través del esfuerzo y trabajo irá mejorando. Se dedica a la venta de ropas y calzados, también se debe destacar el gran empeño que ella tiene.
Solicita de este crédito para poder invertirlo en la compra de calzados y prendas, para poder seguir creciendo y vendiendo sus productos.

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
  • 107
    View loans »
    Paraguay Loans Fundraising
  • $30,964,775
    Funds lent in using Kiva
  • 4,414.4
    Paraguay Guarani (PYG) = $1 USD

Success!! The loan was 100% repaid

A portion of Mujeres Emprendedoras De Las Colinas Group's $2,575 loan helped a member to buy shoes and clothes to sell.
100% repaid
Repayment Term
6 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
May 23, 2013
Listed
Jun 19, 2013
Currency Exchange Loss:
Covered
Ended:
Nov 17, 2013