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Inmaculada Group
In this Group: Francisca, Liza, Mariana, Bibiana, Mercedes, Felicia, Jessica, Myrian, Delia, Gissele, Elizabeth, Miguela, Lucia, Graciela, Myrian, Liliana, Liz, Joaquina, Tomasa, Lidia, Evanelista, Iluminada, Teodora*, Margarita*
* not pictured
Inmaculada is a group from the city of Este, where all of the members have been working together for 16 cycles. They are very enthusiastic women, that are also part of the program for the elimination of poverty. They participated in the survey for the elimination of poverty so they could learn about their own situations. One of the members is Jessica. In her survey, she had a level of poverty at level one, which means that she has little income and that she needs to keep working and fighting. Among the work she does, she sells different types of blankets and she asks for this loan so that she can buy a large amount of blankets for resale. As part of relevant trainings and follow-ups, they have also made a business plan so that they can have better control over their earnings.
View original language description ↓
Inmaculada es un grupo de ciudad del este, donde todas las integrantes vienen trabajando juntas hace 16 ciclos, ellas son mujeres muy entusiastas, que también están formando parte del programa de eliminación de la pobreza, haciendo la encuesta de eliminación de pobreza, para poder conocer la situación en la que cada una está.
Una de las integrantes es la Sra. Jessica, quien en su encuesta mostró un nivel de pobreza dentro del nivel uno, lo que quiere decir que tiene pocos ingresos y que tiene que seguir trabajando y luchando. Entre el trabajo que ella hace cuenta que vende frazadas de distintas clases y que pide de este crédito para poder comprar una buena cantidad de frazadas para su reventa. A parte de las capacitaciones correspondientes y de los seguimientos también hemos hecho un plan de negocio así para que puedan tener un mejor control de sus ganancias.

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
  • 4,431.8
    Paraguay Guarani (PYG) = $1 USD

Success!! The loan was 100% repaid

A portion of Inmaculada Group's $6,350 loan helped a member to purchase blankets for resale.
100% repaid
Repayment Term
5 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Oct 16, 2013
Listed
Nov 22, 2013
Currency Exchange Loss:
Possible
Ended:
Feb 21, 2014