Check out other loans that are currently fundraising!
Mi Pueblito Escobar Group
In this Group: Blanca, Elena, Leandra, Matilde, Ema, María, Fabiana, Eduviguis, Selva, Marizol, Ana, Igancia, Andresa, Jorgelina, Liz, Mirian, Mirian*, Elida*
* not pictured
‘Mi Pueblito Escobar’ is part of the program to eliminate poverty, where all the members of the group know each other’s situation and can work and try to improve the standard of living accordingly.

In the latest survey, Ignacia registered a poverty level of two, which means that she lives slightly below the general poverty line. Nevertheless, due to her effort and dedication, she has been able to improve substantially her situation and that of her family.

Ignacia sells vegetables and is asking for this loan to be able to buy various vegetables such as tomatoes, onions, green peppers and things like that. Then, she will be able to continue selling them to her customers.
View original language description ↓
Mi Pueblito Escobar forma parte del programa de eliminación de la pobreza, donde todas ellas pueden conocer la situación integral en las que todas se encuentran, y conforme a ello poder trabajar y mejorar sus condiciones de vida.
La Sra. Ignacia en su última encuesta mostro un nivel de pobreza dentro del nivel dos, es decir que está en un nivel medio, por lo que ella a través del esfuerzo y dedicación ha podido mejorar bastante sus condiciones de vida y la de su familia. Ignacia se dedica a la venta de variadas verduras, y pide este préstamo para poder invertirlo en la compra de verduras variadas, como tomate, cebolla, locotes, etc., con lo cual podrá seguir con sus ventas como lo viene haciendo.

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.

Tags

About Paraguay

  • $4,555
    Average annual income
  • 53
    View loans »
    Paraguay Loans Fundraising
  • $29,035,975
    Funds lent in using Kiva
  • 4,552.0
    Paraguay Guarani (PYG) = $1 USD

Success!! The loan was 100% repaid

A portion of Mi Pueblito Escobar Group's $3,675 loan helped a member to buy tomatoes, onions, green peppers, etc.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jan 16, 2014
Listed
Feb 24, 2014
Currency Exchange Loss:
Possible
Ended:
Aug 17, 2014