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Mujeres Poderosas Group
In this Group: Perlas, Atanasia, Mirtha, Jorgelina, Maria, Elvia, Liliana, Aurelia, Isabel, Nidia, Wilda, Barcilicia, Liz, Lorena, Perla, Claudina, Luisa, Limpia, Silvina
The group “Mujeres Poderosas” (Powerful Women) is in its third loan cycle with the Women’s Committee Program. All of the members have taken the poverty elimination survey, which allows them to become familiar with each of their situations and helps them to work and study accordingly.

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.
View original language description ↓
“Mujeres Poderosas” está en su 3º ciclo del programa de comité de mujeres, donde también están haciendo la encuesta de eliminación de la pobreza, ya que a través de él podrán conocer la situación de cada una de ellas y conforme a ello poder trabajar y estudiar.
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.

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.

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About Paraguay

  • $4,555
    Average annual income
  • 49
    View loans »
    Paraguay Loans Fundraising
  • $29,537,050
    Funds lent in using Kiva
  • 4,224.0
    Paraguay Guarani (PYG) = $1 USD
Ended with Loss - Currency Exchange Loss learn more
A portion of Mujeres Poderosas Group's $5,200 loan helped a member to buy bread, vegetables, condiments, hamburger meat, and other items.
99% repaid
Repayment Term
9 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jun 20, 2014
Listed
Jul 28, 2014
Currency Exchange Loss:
Possible
Ended:
Feb 20, 2015