Mujeres Luchadoras Group
One of the members of this group is Matilde. During the last survey, she was at the second level on the poverty scale, which is to say that she has a medium income. Through her effort, her continuous work, and applying the behavior of a successful woman, she is improving her state of poverty. Among the work she does, she says that she sells jewelry. The work of the advisors should also be highlighted. They continuously follow up with training and checks, which both demand and encourage these women to fight to overcome poverty.
Matilde is applying for a loan to buy clothing to sell, which will help her to have something new to complement her jewelry business. All of the members are grateful for the opportunity they are being given.
Una de las integrantes es la Sra. Matilde, quien en su última encuesta mostró un nivel de pobreza dentro del nivel dos, es decir con ingresos medios. Ella a través del esfuerzo y el trabajo continuo y la aplicaciones de los comportamientos vitales de una mujer exitosa, ella se encuentra mejorando su situación de pobreza. Entre el trabajo que ella hace cuenta que hace venta de bijouteries y, 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 para vender, lo que le ayudará a tener algo nuevo que poder adherir a su venta de bijouterie. Todas las integrantes agradecen por la oportunidad que están recibiendo.
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