Emprendedoras De Mangoty Group
One of the members is Cynthia who struggles to get ahead by selling vegetables. She says that at the beginning she started with very little, but with her work and the support of her family it started to grow.
She is asking for this loan to be able to buy fresh vegetables to sell. This way she can continue striving to improve her living conditions and those of her family.
Una de las integrantes es la Sra. Cynthia quien a través de la venta de verduras lucha por poder salir adelante. Comenta que al principio empezó con muy poco, pero que con su trabajo y el apoyo de su familia fue creciendo.
Pide este préstamo para poder comprar verduras frescas para la venta, y así seguir luchando por mejorar sus condiciones de vida y las de su familia.
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