Santa Librada Group
Señora Delia is one member of Santa Librada, and runs a business selling clothes. She has an established customer base in the area as she's been running the business for some time now. Selling clothes allows Señora Delia to support her household and boost her income. The results of her last poverty elimination survey showed that she is making progress and improving her family's living conditions.
Señora Delia is applying for a loan for the purchase of seasonal clothing so that she can meet customer demand.
Una de las integrantes es la Sra. Delia quien se dedica a la venta de ropas de forma particular, tiene su clientela formada en la zona ya que hace tiempo se dedica a esta actividad. Gracias a dicha actividad ella puede mantener su hogar e ir aumentando sus ingresos. Según su última encuesta ya se encuentra mejorando sus condiciones de vida y las de su familia.
La Sra. Delia solicita este préstamo para la compra de prendas de vestir de temporada para poder abastecer a su clientela.
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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Success!! The loan was 100% repaid