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San Roque Group
In this Group: Margarita, Mariana, Lorena, Laura, Sonia, Liz, Emesteria, Idalina, Basilica, Ramona, Florentina, Lizzie, Elvira, Dinelly*, Margarita*, Herminia*, Norma
* not pictured
“San Roque” is a group that is participating in the poverty elimination program. The purpose of the program is to help the members become familiar with each of their situations so that they can make adjustments to improve the living conditions of their families.

One of the members is Sra. Norma. Each day she strives to sell the clothes that she produces herself. This hardworking woman begins her day very early in the morning. With the training she received, Norma is able to grow and improve her living conditions and those of her family.

She is requesting a loan in order to buy a wide variety of clothes. As a result, she can continue to improve her earnings so that she can keep supporting her loved ones, especially her family.
View original language description ↓
San Roque forma parte del programa de eliminación de la pobreza, a través del cual, las integrantes podrán conocer la situación en la que cada una se encuentra, y conforme a ello ir mejorando las condiciones de vida de cada familia.
Una de las integrantes es la Sra. Norma, quien cada día lucha a través de las ventas de prendas que hace, es una mujer muy trabajadoras que empieza su día muy tempranas horas del día. A través de las capacitaciones ha podido crecer e ir mejorando sus condiciones de vida y la de su familia.
Norma pide este préstamo ya que con el podrá comprar una mayor variedad de prendas, y así seguir luchando por mejorar sus ingresos y con lo cual podrá seguir ayudando a sus seres queridos que son su familia.

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
  • 60
    View loans »
    Paraguay Loans Fundraising
  • $28,165,225
    Funds lent in using Kiva
  • 4,224.0
    Paraguay Guarani (PYG) = $1 USD
Ended with Loss - Currency Exchange Loss learn more
A portion of San Roque Group's $4,675 loan helped a member to buy a variety of clothes to sell.
99% repaid
Repayment Term
9 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jun 20, 2014
Listed
Jul 29, 2014
Currency Exchange Loss:
Possible
Ended:
Jan 17, 2015