Mujeres Luchadoras Group
Liz has an average income. Among the work that she does is selling various types of clothing as a street vendor. It is through this work that she helps her family and has the means to cover the day-to-day expenses. She is a very hardworking woman and she is a go-getter.
Through this loan that she is requesting, she will be able to purchase winter clothing. The cold weather is approaching and she wants to be able to stock up and offer her customers a good variety. She is grateful for the opportunity she is receiving and it will be a great help to her.
Entre el trabajo que ella hace cuenta que se dedica a la venta de prendas varias, que lo hace en forma ambulante, es a través de este trabajo que ayuda a su familia y tiene los medios para poder cubrir los gastos del día a día. Es una mujer muy trabajadora y luchadora.
Pide este préstamo, ya que a través de el podrá comprar prendas de invierno, ya que se acerca el frío y quiere poder surtirse para poder ofrecer a sus clientes una buena variedad. Agradece por esta oportunidad que recibe y que le será de mucha ayuda.
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
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.
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Success!! The loan was 100% repaid