Mujeres Poderosas Group
One of the members is Sra. Isabel, whose survey indicated that she was at a Stage 1 poverty level. This means that she should continue her efforts to provide her family with everything that she was not able to have. The work that she pursues involves selling hamburgers, so the loan she is requesting will be used to buy products in large quantities in order to reduce her costs. These items include bread, vegetables, condiments, hamburger meat, and other items. Isabel is a hardworking and caring woman who is known for her work and effort.
Una de las integrantes es la Sra. Isabel, quien en su encuesta mostró un nivel de pobreza dentro del nivel uno, lo que significa que debe seguir con su esfuerzo y de esa forma poder dar a su familia todo lo que ella no pudo tener. Entre el trabajo que ella hace cuenta que se dedica a la venta de hamburguesas y con el préstamo que pide quiere comprar productos en mayor cantidad para abaratar los costos, como ser panes, verduras, condimentos, hamburguesas y demás. Es una señora muy trabajadora y solidaria que se destaca por su trabajo y esfuerzo.
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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