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Pojoasa Group
In this Group: Gumercinda, Mirtha, Eusebia, Maria, Hilda, Maria, Lilian, Mirtha, Maria, Catalina, Miryan, Liboria, Eustaquia, Ursulina, Maria, Maria
The Pojoasa group is in its sixth loan cycle. This group consists of enterprising women who want to make progress to better provide for their families. One person of note is Liboria, who makes a living selling items at her small general store. She works every day from very early in the morning and has a very good customer base. Her dream is to be able to give her family everything it needs so it doesn't go through the hard times she had to go through. She is requesting help from Kiva and partner Fundación Paraguaya in order to be able to stock her business with a range of products like milk, sugar, baked goods, vegetables, fruits and other items.
View original language description ↓
Pojoasa está en el 6to ciclo del programa de comité de mujeres, es un grupo muy emprendedor y que fueron creciendo de a poco, son todas las señoras muy emprendedoras y quieren avanzar para un mejor porvenir de su familia.
Una persona digna de destacar es Liboria, quien se dedica a las ventas, ella tiene una pequeña despensa bien surtida, en la cual trabaja día a día desde muy tempranas horas, ya que tiene muy buena clientela. Su sueño es poder dar a su familia todo lo que necesitan para no tener que pasar por ningún tipo de necesidad como las que ella tuvo que pasar.
Solicita de esta ayuda a Kiva y fundación paraguaya para poder surtir su negocio con productos de diversa clase, como ser leche, azúcar, panificados, verduras, frutas y demás.

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

  • $4,555
    Average annual income
  • 80
    View loans »
    Paraguay Loans Fundraising
  • $29,572,900
    Funds lent in using Kiva
  • 4,414.4
    Paraguay Guarani (PYG) = $1 USD

Success!! The loan was 100% repaid

A portion of Pojoasa Group's $4,325 loan helped a member to purchase milk, sugar, baked goods, vegetables, fruits and other items.
100% repaid
Repayment Term
5 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
May 27, 2013
Listed
Jun 23, 2013
Currency Exchange Loss:
Covered
Ended:
Sep 22, 2013