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Mujeres Trabajadoras De Arroyo Pora Group
In this Group: Estela, Luisa, Valencia, Gloria, Alba, Susana, Karina, Julieta, Edita, Elizabet, Maria, Maria, Marina, Pabla, Esmilce, Juana, Aida, Floriana
The Mujeres Trabajadoras de Arroyo Pora group is a relatively new group, who are looking for an opportunity to improve their work. The majority of the members have productive businesses and those who don't are in the process of starting out in a business.

One of the members is Estela, who earns a living making and selling food. She is asking for the loan to buy various supplies so she can carry on making her food, such as meat, condiments, vegetables, chicken and other items. According to Estela's poverty elimination survey, she is improving her poverty situation, but she still wants to invest in her business so she can increase her income for herself and her family.
View original language description ↓
El grupo Mujeres Trabajadoras de Arroyo Pora es un grupo relativamente nuevo, que busca la oportunidad de poder mejorar sus labores. La mayoría de las integrantes realizan actividades productivas y las que no, están con proyectos de iniciar una actividad y así emprender.
Una de las integrantes es la Sra. Estela, ella se dedica a la elaboración y venta de comidas, y el crédito lo pide para invertir en la compra de insumos varios para seguir haciendo sus comidas, como ser carne, condimentos, verduras, pollo y otros. Según la encuesta de eliminación de pobreza de Estela, ella se encuentra mejorando su situación de pobreza, pero de igual manera ella tiene deseos de invertir en su negocio para poder aumentar sus ingresos y el de 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

  • $8,400
    Average annual income
  • 63
    View loans »
    Paraguay Loans Fundraising
  • $30,749,875
    Funds lent in using Kiva
  • 4,475.0
    Paraguay Guarani (PYG) = $1 USD

Success!! The loan was 100% repaid

A portion of Mujeres Trabajadoras De Arroyo Pora Group's $3,125 loan helped a member to buy meat, condiments, vegetables, chicken and other items.
100% repaid
Repayment Term
6 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Sep 17, 2013
Listed
Oct 16, 2013
Currency Exchange Loss:
Possible
Ended:
Feb 21, 2014