Kuña Guapa Group
Mariela is one of the members who by means of selling frozen treats earns income to help her family. She’s a very enterprising person who with effort and sacrifice has been growing. Today, she’s requesting this loan to buy frozen treats to continue investing in her business and improving her undertaking.
Mariela es una de las integrantes, quien por medio de la venta de helados tiene los ingresos para ayudar a su familia. Es una persona muy emprendedora, que con su esfuerzo y su sacrificio ha venido creciendo. Hoy ella pide este crédito para poder invertirlo en la compra de helados, con lo que podrá seguir invirtiendo en su negocio y mejorando su emprendimiento.
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