Mujeres Exitosas Group
One of the members is Nilda, group president, who in her last survey had higher income than in the first survey she took. All of this was thanks to the effort and work she’s doing. She works selling clothes and gets permanent assistance. The committee meetings take place at her house. She works in a disciplined way and has an excellent payment record. All of this is done in conjunction with the committee advisor; they encourage the women to strive to overcome poverty and move their families forward.
She is asking for this loan to buy clothes to sell which will help her meet her business plan and to capture more customers and income.
Una de las integrantes es la Sra. Nilda, Presidenta del grupo, quien en su última encuesta demostró un nivel de ingreso mayor a la primera encuesta que hizo, todo esto gracias al esfuerzo y al trabajo que está haciendo. Ella se dedica a la venta de ropa, recibe asistencia permanente , las reuniones de comité se realiza en su casa, trabaja en forma disciplinada y mantiene excelente pago ,todo esto es acompañado conjuntamente con la asesora de comité, que al mismo tiempo incentivan a las mujeres a luchar para poder superar la pobreza y sacar adelante sus familias.
La Sra. Solicita este crédito para la compra de ropas para su venta, lo que le ayudará a concretar su plan de negocio, y atrapar mas cliente e 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