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Mujeres Trabajadoras Group
In this Group: Ligni, Maria, Norma, Crescencia, Librada, Vidalia, Patricia, Hilda, Elizabeth, Dominga, Blanca, Sara, Vidalina, Anahi
The group called “Mujeres Trabajadoras” (Working Women) is in its first cycle. They are learning to work together and want to grow by means of the training and with help from Fundación Paraguaya. They are taking the poverty elimination survey in order to know the situation each one of them is in.

One of the members is Norma. Through her effort and non-stop work and by applying vital behaviors of a successful woman she wants to overcome her poverty. She works in sales and has a small grocery store that she stocks and provides her neighbors with the things they need daily.

She’s requesting this loan to buy vegetables, fruit, milk, baked goods and others so she can continue with her sales and help her family with the income this way.
View original language description ↓
El grupo llamado Mujeres trabajadoras está en su primer ciclo , ellas están aprendiendo a trabajar juntas, y quieren crecer por medio de las capacitaciones y con la ayuda de la fundación paraguaya. Ellas están haciendo la encuesta de eliminación de pobreza, para poder conocer la situación de cada una de ellas.
Una de las integrantes es la Sra. Norma, ella, a través del esfuerzo y el trabajo continuo y las aplicaciones de los comportamientos vitales de una mujer exitosa quiere superar su pobreza. Ella se dedica a las ventas, y tiene una pequeña despensa con la que surte y da a sus vecinos los insumos para el día a día.
Ella solicita este crédito para la compra de verduras, frutas, leche, panificados y demás, con lo que podrá seguir con sus ventas y ayudar así a su familia con los 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.

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About Paraguay

  • $4,555
    Average annual income
  • 47
    View loans »
    Paraguay Loans Fundraising
  • $30,204,950
    Funds lent in using Kiva
  • 4,460.0
    Paraguay Guarani (PYG) = $1 USD

Success!! The loan was 100% repaid

A portion of Mujeres Trabajadoras Group's $2,400 loan helped a member to buy vegetables, fruit, milk, baked goods, etc.
100% repaid
Repayment Term
9 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
May 31, 2013
Listed
Jul 2, 2013
Currency Exchange Loss:
Covered
Ended:
Jan 17, 2014