Tekoporave Rekavo Group
One member is Marlene who during the last survey, demonstrated a level of poverty within Category 1, that is, very low income. She reports that she is dedicated to selling clothing. We also have the work of the assessors who keep track of the training and testing that, in one manner or another, they require in order to motivate the women to struggle towards overcoming poverty.
Marlene is requesting this loan to buy clothing, under garments, etc., which will help her to develop a concrete business plan, which in turn, will help boost her income.
Una de las integrantes es la Sra. Marlene, quien en su última encuesta mostró un nivel de pobreza dentro del nivel uno, es decir con ingresos muy bajos. Ella cuenta que se dedica a la venta de ropas, también se debe destacar el trabajo de las asesoras, quienes hacen un seguimiento permanente de capacitaciones y verificaciones que de alguna manera exigen y al mismo tiempo incentivan a las mujeres a luchar para poder superar la pobreza.
La Sra. Solicita de este crédito para la compra de ropas, lencería, etc. lo que 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
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Success!! The loan was 100% repaid