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Mujeres Activas Group
In this Group: Anunciacion, Mirta, Lilian, Maria, Ana, Celina, Noelia, Maria, Margarita, Elsa, Antolina, Maria, Gloria, Dionicia, Esmilce, Cristina
Mujeres Activas [Active Women] is in its second cycle of the women's communal bank program. They are also part of the poverty elimination program, where they all want to improve their quality of life and thus be able to help their families. One of the members is Anunciacion, who on her last survey showed a level one level of poverty, which means she has a low income. However, she works to be able to grow and improve her life. She has a store which, with a lot of effort and sacrifice, she was able to open, and now she has a very good clientele. Thanks to her work and determination every day, she was able to improve her quality of life substantially. Today she requests this loan to spend on supplies for her store, such as greens, fruit, meat, vegetables, etc. She is thankful that she and the other women have this opportunity.
View original language description ↓
Mujeres Activas está en el 2do ciclo del programa de comité de mujeres, además de ello forman parte del programa de eliminación de pobreza, donde todas quieren mejorar su calidad de vida, y de esa forma poder ayudar a sus familias.
Una de las integrantes es la Sra. Anunciacion, quien en su última encuesta mostro un nivel de pobreza dentro del nivel uno, es decir con ingresos bajos, pero ella se esfuerza por poder crecer y mejorar su vida. Ella tiene una despensa la cual con mucho esfuerzo y sacrificio pudo montar y hoy en día ya tiene muy buena clientela, y gracias a su trabajo y empeño del día a día pudo mejorar bastante su calidad de vida. Hoy pide este préstamo para poder invertirlo en la compra de insumos para su despensa, como ser verduras, frutas, carne, hortalizas y demás. Agradece por la oportunidad que ellas están recibiendo.

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
  • 127
    View loans »
    Paraguay Loans Fundraising
  • $31,646,375
    Funds lent in using Kiva
  • 4,528.0
    Paraguay Guarani (PYG) = $1 USD

Success!! The loan was 100% repaid

A portion of Mujeres Activas Group's $3,300 loan helped a member to buy supplies to sell, such as greens, fruit, meat, and vegetables, among others.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Nov 15, 2013
Listed
Dec 17, 2013
Currency Exchange Loss:
Possible
Ended:
Jun 17, 2014