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Mujeres Triunfadoras Group
In this Group: Norma, Pablina, Lourdes, Lilian, Filina, Eva, Celia, Lourdes, Altagracia, Margarita, María, Maricel, Gloria, Cinthia*, María*, Hermelinda*
* not pictured
The communal bank "Mujeres Triunfadoras" is in its third loan cycle and all the members have taken the poverty elimination survey to determine each one's situation. The survey showed that five women have very low incomes.

One of the members is Filina who sells jewelry. By working hard and putting in much effort she is able to improve her life. She is a very determined entrepreneur who, through her hard work, is giving her family everything it needs.

Filina is requesting a loan to buy beads, thread, needles, clips and other items so she can continue making jewelry to sell. This will help her fulfill her business plan and improve her income.
View original language description ↓
El grupo llamado Mujeres Triunfadoras está en su ciclo número 3, donde todas están haciendo la encuesta de eliminación de pobreza para conocer la situación de cada una de ellas, el cual mostró que 5 mujeres se encuentran con un ingreso muy bajo.
Una de las integrantes es la Sra. Filina quien se dedica a la venta de bijouterie y, también se debe destacar el trabajo y esfuerzo que ella hace por mejorar su vida. Ella es muy luchadora y emprendedora y por medio de su arduo trabajo esta dando a su familia todo lo que necesitan para que no tengan que pasar por ningún tipo de necesidades.
La Sra. Solicita de este crédito para la compra lentejuelas, hilos, aguja, pinzas y demás, para poder seguir haciendo su bijouterie y para vender, lo que le ayudará a tener a concretar su plan de negocio, el cual le ayudará a 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

  • $4,555
    Average annual income
  • 53
    View loans »
    Paraguay Loans Fundraising
  • $28,564,525
    Funds lent in using Kiva
  • 4,414.4
    Paraguay Guarani (PYG) = $1 USD

Success!! The loan was 100% repaid

A portion of Mujeres Triunfadoras Group's $2,500 loan helped a member to buy beads, thread, needles, clips, etc.
100% repaid
Repayment Term
6 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
May 28, 2013
Listed
Jun 25, 2013
Currency Exchange Loss:
Covered
Ended:
Oct 17, 2013