Check out some available loans that are similar to this one!
Las Unidas Group
In this Group: Ambrosia, Rosa, Mirtha, Fidela, Beneranda, Casaria, Hilaria, Amalia, Rosana, Lidia, Mirna, Sandra, Inasixta
The Las Unidas group has this name because they are all united women who are fighting to grow and move forward. It is a new group that is on its first loan cycle, learning to work together. They are doing the poverty elimination survey, in which the majority are improving their lifestyle. One of the members is Ambrosia, who is the president of this group, and she says that because of this, she always motivates her friends to keep working and growing. She says that she makes empanadas, sandwiches, milanesas (breaded meat fillets), and marineras (meat covered in Paraguayan tortilla). She sells dairy products as well as sodas and mineral water, among other things. She emphasizes the great effort she makes since she wants to continue improving and moving forward. Ambrosia is applying for this loan to buy water, sodas, milanesas, empanadas, and other things to later sell them and this way be able to continue with her sales, invest in her business and improve her income in order to continue helping her family.
View original language description ↓
El grupo llamado Las Unidas lleva ese nombre, ya que son todas mujeres unidas que luchan por crecer y salir adelante, es un grupo nuevo que está en su ciclo número uno, aprendiendo a trabajar juntas. Están haciendo la encuesta de eliminación de pobreza, donde en su gran mayoría se encuentran mejorando su estilo de vida.
Una de las integrantes es la Sra. Ambrosia, quien es la presidenta de este grupo, y comenta que siempre motiva a sus amigas a seguir trabajando y crecer conforme a eso. Cuenta que hace empanadas, sándwich, milanesas, marineras y vende productos lácteos, también gaseosas, agua mineral entre otros, se destaca el gran esfuerzo que ella hace ya que quiere ir mejorando y saliendo adelante.
La Sra. Ambrosia solicita de este crédito para la compra de aguas, gaseosas, milanesas, empanadas y demás para poder venderlos y de esa forma poder seguir con sus ventas, invertir en su negocio e ir mejorando sus ingresos para seguir ayudando a su familia.

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

  • $4,555
    Average annual income
  • 79
    View loans »
    Paraguay Loans Fundraising
  • $30,204,950
    Funds lent in using Kiva
  • 4,464.3
    Paraguay Guarani (PYG) = $1 USD

Success!! The loan was 100% repaid

A portion of Las Unidas Group's $2,050 loan helped a member to buy water, sodas, milanesas (breaded meat fillets), empanadas, and other things to sell.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Aug 19, 2013
Listed
Sep 17, 2013
Currency Exchange Loss:
Covered
Ended:
Mar 17, 2014