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Mujeres Para El Desarrollo Group
In this Group: Adela, Hilda, Dionicia, Norma, Iluminada, Cristina, Blanca, Corina, Maria, Rocio, Lida, Tania, Gladys*, Suni*, Cristina*
* not pictured
The group called “Mujeres Para el Desarrollo” (Women for Development) is in cycle #23 in the women’s committee program; they all work and help each other to get ahead. They are taking the poverty elimination survey to continue helping their families like they’ve been doing and to get to know each one of their situations.

Cristina is one of them. She’s really a person worthy of note for the great help and motivation she always has. She strives for her family and to gradually improve their living conditions. She works making and selling all types of food and is doing very well because she has a very god clientele.

She’s requesting this loan to be able to buy vegetables, meats, condiments and other supplies needed to continue making the meals she sells and to please her customers. She is grateful for this opportunity she’s getting because it will be of much help to her.
View original language description ↓
El grupo llamado Mujeres para el desarrollo está en su ciclo número 23 del programa de comité de mujeres, donde todas trabajan y se ayudan por salir adelante. Están haciendo la encuesta de eliminación de pobreza, para poder seguir ayudando a sus familias como lo vienen haciendo, y para conocer la situación de cada una.
Cristina es una de ellas, realmente una persona digna de destacar por la gran ayuda y motivación que siempre tiene. Lucha por su familia y por ir mejorando las condiciones de vida de su familia. Ella se dedica a hacer y vender todo tipo de comestibles en lo que le está yendo muy bien pues tiene muy buena clientela. Solicita de este crédito para poder invertirlo en la compra de verduras, carnes, condimentos y demás insumos para poder seguir haciendo las comidas que vende y deleitar así a sus clientes. Agradece por esta oportunidad que reciben pues les será de mucha ayuda.

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

  • $8,400
    Average annual income
  • 97
    View loans »
    Paraguay Loans Fundraising
  • $30,930,425
    Funds lent in using Kiva
  • 4,513.6
    Paraguay Guarani (PYG) = $1 USD

Success!! The loan was 100% repaid

A portion of Mujeres Para El Desarrollo Group's $4,650 loan helped a member to buy vegetables, meat and condiments.
100% repaid
Repayment Term
7 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jun 26, 2013
Listed
Jul 30, 2013
Currency Exchange Loss:
Covered
Ended:
Dec 17, 2013