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Yguazu Group
In this Group: Maria, Maria, Griselda, Maria, Maria, Sonia, Maria, Cinthia, Arminda, Zulma, Miguelina, Nimia, Ydelina, Angelica, Matilde, Mirian, Nelly
The Yguazu group is in the first cycle of the Women's Committee Program, which requires all members to make a commitment to work and support each other's efforts to succeed. The members are participating in the Poverty Elimination Survey, which has determined that two of the seventeen women are below the poverty line. The members participate in ongoing training that helps them stay united and grow together.

One of the members is Señora Maria, who owns a small grocery store. Señora Maria works long hours, starting her day very early in the morning. She strives to provide her family with all of the things that she never had. Señora Maria says she wants to keep working so that her business will continue to grow and be able to employ people in her community.

Señora Maria is applying for this loan to purchase meats, drinks, and general food items.
View original language description ↓
El grupo llamado Yguazu está en su 1º 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 2 de los 17 Señoras se encuentran por debajo de la línea de pobreza. Realizan constantes capacitaciones para seguir unidos y crecer juntos.
Una de ellas es la Sra. Maria tiene una pequeña despensa, en la cual desde muy tempranas horas de la mañana trabaja y lucha por su familia para poder darles todo lo que ella no pudo tener. Comenta que quiere poder seguir trabajando, para que su negocio siga creciendo y el día de mañana poder dar trabajo a otras personas.
Pide este préstamo para invertirlo en productos Cárnicos, Bebidas y Comestibles en general.

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
  • 17
    View loans »
    Paraguay Loans Fundraising
  • $29,311,225
    Funds lent in using Kiva
  • 4,426.3
    Paraguay Guarani (PYG) = $1 USD

Success!! The loan was 100% repaid

A portion of Yguazu Group's $2,975 loan helped a member to purchase meats, drinks, and general food items.
100% repaid
Repayment Term
9 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Oct 24, 2013
Listed
Dec 2, 2013
Currency Exchange Loss:
Possible
Ended:
Jun 17, 2014