Tajy Poty Group
One of the members, Teresa, was found to be within income level 3 in the most recent survey, which is a good income but she is conscience of the fact that she should continue working to improve. Teresa has a small stand that is well stocked with candy, food, drinks, and other goods. She is someone who strives to progress and help her family with her work.
Teresa is asking for this loan in order to buy goods to stock her business, including drinks, candy, juices, cookies, and other things which are in the highest demand by her customers. In addition, this will help her to solidify her business plan, which will help to improve her income.
Una de las integrantes es la Sra. Teresa, quien en su última encuesta mostro un nivel de pobreza dentro del nivel 3, es decir con un buen ingreso, pero ella es consciente de que debe de seguir trabajando para ir mejorando. Teresa tiene un pequeño copetín bien surtido con golosinas, comestibles, bebidas y demás. Es una persona que se esfuerza por salir adelante y por medio de su trabajo ayudar a su familia.
La Sra. Teresa Solicita de este crédito para la compra de productos para surtir su negocio con bebidas, golosinas, jugos, galletitas y demás, que son los que más solicitan sus clientes, además eso le ayudará a tener a concretar su plan de negocio, el cual le ayudará a mejorar sus ingresos.
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