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Mujeres Unidas Group
In this Group: Isabel, Digna, Nicolasa, Karen, Petronila, Francisca, Fatima, Griselda, Lidia, Kariana, Arcenia, Sonia, Perla, Felipá, Adelaida*, Arsenia*
* not pictured
This group, called Mujeres Unidas (United Women) has had 13 loan cycles as part of the program to eliminate poverty. It allows them to understand each one's own situation, and to improve by means of this effort.

One of the members is Felipa who works at tutoring students in various subjects at school. She states that this is her primary source of income, as she is also responsible for taking care of her home. She is a very good teacher and that is why she has so many private students. Her dream is to help other people, and she is achieving this with her work.

She is asking for this loan so she can buy educational materials as they will be very useful for the classes she gives. She appreciates this opportunity so she can continue with her work.
View original language description ↓
13 ciclos lleva este grupo llamado Mujeres Unidas, donde están formando parte del programa de eliminación de la pobreza, que les permitirá conocer la situación en la que cada una está, para que por medio de ese esfuerzo vayan mejorando.
Una de las integrantes es la Sra. Felipa quien se dedica a la enseñanza particular de alumnos en distintas materias de colegio, comenta que ese es su fuente principal de ingresos, ya que también se encarga de cuidar su hogar, ella es muy buena maestra, es por eso que tiene muchos alumnos de manera particular. Su sueño es poder ayudar a las demás personas y lo está consiguiendo por medio de su trabajo.
Pide este préstamo para la compra de materiales didácticos, ya que le será de mucha utilidad para las clases que imparte. Agradece por esta oportunidad que recibe de seguir con su trabajo.

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
  • 97
    View loans »
    Paraguay Loans Fundraising
  • $30,964,825
    Funds lent in using Kiva
  • 4,550.0
    Paraguay Guarani (PYG) = $1 USD

Success!! The loan was 100% repaid

A portion of Mujeres Unidas Group's $3,250 loan helped a member to buy educational materials.
100% repaid
Repayment Term
9 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jan 17, 2014
Listed
Feb 24, 2014
Currency Exchange Loss:
Possible
Ended:
Aug 17, 2014