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Mujeres Emprendedoras Group
In this Group: Karina, Analia, Victorina, Ramona, Elida, Rosa, Norma, Cristina, Irma, Francisca, Deisy, Maria, Severiana, Carolina, Odila*, Sabina*
* not pictured
This group is called "Mujeres Emprendedoras" (women entrepreneurs) and comprises 17 members, although one of them will not participate in this loan. They are on their 12th loan cycle through the women's committee. All of them work and help each other, as they live in the same neighborhood. Their situation is above the poverty line, meaning their level is green, thanks to having participated in the poverty elimination survey and the foundation program.

One of the group members is Karina who says she will use the loan to expand her business selling sheets, comforters and underwear. On weekends she also sells food with her mother. Through effort and hard work, and her application of the vital behavior characteristics of a successful woman, Karina is improving her lifestyle.

The loan she is requesting is to buy sheets, comforters and underwear to continue with her sales activity. She is grateful for this opportunity grow.
View original language description ↓
El Grupo se llama Mujeres Emprendedoras y está integrado por 17 integrantes, donde una de ellas en este ciclo no retira dinero, están en el ciclo 12 del programa de comité de mujeres, donde todas trabajan y se ayudan ya que se encuentran en el mismo barrio , se encuentran por encima de la línea de pobreza, o sea en verde, gracias a la encuesta de eliminación de la pobreza y al programa de la fundación.
Una de las integrantes es la Sra. Karina, quien comenta que pide este préstamo para usarlo en ampliar su negocio ya que ella se dedica a la venta de sábanas, edredones, calzas , ropa interior y venta de comida con su madre los fines de semana .A través del esfuerzo y el trabajo continuo y la aplicaciones de los comportamientos vitales de una mujer exitosa, ella se encuentra mejorando su nivel de vida.
La Sra. Karina solicita este préstamo para la compra de sábanas, edredones, calzas y ropa interior para poder seguir con sus ventas como lo viene haciendo. Agradece por esta oportunidad de crecer que recibe.

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
  • 48
    View loans »
    Paraguay Loans Fundraising
  • $27,441,200
    Funds lent in using Kiva
  • 4,267.0
    Paraguay Guarani (PYG) = $1 USD
Paying Back - Currency Exchange Loss

This loan has been fully funded!

A portion of Mujeres Emprendedoras Group's $5,175 loan helped a member to buy sheets, comforters, and underwear to sell.
83% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Irregularly
Pre-Disbursed:
Jul 17, 2014
Listed
Aug 25, 2014
Currency Exchange Loss:
Possible