San Roque Group
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.
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.
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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