Mujeres Activas Group
One of the members is Sra. Genera who in her last survey showed a level 1 poverty level which means that she has little income but understands that through effort and steady work she will be able to improve her situation. Genera has a hairdressing salon and also sells costume jewelry in her business. She is a hardworking, enterprising person who wants to get ahead and improve her poor economic situation.
She is seeking a loan to buy hairdressing supplies such as dyes, shampoo, rinses etc. so she can continue with her job and try to improve every day.
Una de las integrantes es la Sra. Genara quien en su última encuesta mostro un nivel de pobreza dentro del nivel uno, es decir, está con ingresos escasos, pero es consciente que a través del esfuerzo y el trabajo continuo podrá mejorar su situación de pobreza. Ella tiene una peluquería, y además de eso también vende bijouterie en su negocio, es una persona muy trabajadora y emprendedora, que lucha por salir adelante y mejorar su situación de pobreza.
Pide este préstamo para poder invertirlo en la compra de insumos para su peluquería, como ser tintes, shampoo, enjuagues, y demás, y así seguir con su trabajo, tratando de mejorar cada día.
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
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Success!! The loan was 100% repaid