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San Isidro 2 Group
In this Group: Elizabeth, Olga, Alicia, Maria, Narcisa, Mirna, Lidia, Blanca, Cecilia, Liliana, Maria, Juana, Mirta
The women's group "San Isidro 2" is in its first loan cycle. All the women have promised to work and to help one another get ahead. They are part of the poverty elimination program, and four out of thirteen women in the group are living below the poverty line. They continue working in order to be able to improve the economy.

The featured member is Narcisa, and she makes a living selling chickens. It is a very demanding job because she always needs to keep an eye on her animals to ensure that they are healthy. She is a very fighting woman, and she wants to continue improving her business, little by little, through her efforts.

With the loan, she will buy a large quantity of chickens to raise and later sell. In this way, she will continue investing in her business and being able to give her family what they need.
View original language description ↓
San Isidro 2 está en su Primer ciclo del programa de comité de mujeres, donde todas se comprometieron a trabajar y a ayudarse entre todas para salir adelante. Están haciendo la encuesta de eliminación de pobreza, donde 4 de las 13 señoras se encuentran por debajo de la línea de pobreza, es decir que deben seguir trabajando para poder mejorar su economía.
La Sra. Narcisa, es una de las integrantes, quien se dedica a la venta de gallinas, es un trabajo muy sacrificado ya que debe estar siempre pendiente de sus animales, de que no les falte nada. Ella es una mujer muy luchadora, quien quiere ir mejorando su trabajo poco a poco y por medio de su esfuerzo.
Con su crédito quiere comprar en mayor cantidad de gallinas para la cría y venta, y de esa forma seguir invirtiendo en su plan de negocios y dar a su familia lo que necesitan.

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
  • 69
    View loans »
    Paraguay Loans Fundraising
  • $30,816,725
    Funds lent in using Kiva
  • 4,433.0
    Paraguay Guarani (PYG) = $1 USD

Success!! The loan was 100% repaid

A portion of San Isidro 2 Group's $1,650 loan helped a member to buy chickens to raise and later sell.
100% repaid
Repayment Term
7 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Aug 27, 2013
Listed
Sep 27, 2013
Currency Exchange Loss:
Covered
Ended:
Feb 21, 2014