A loan of $2,225 helped a member purchase of sugar, flour, pasta, winter clothing, fabrics, remedies etc.

Comité Group's story

The Committee of Entrepreneuring women is a program carried out by Fundación Paraguaya that targets groups of enterprising women who create a village bank through which they receive assistance in terms of loans. The main goal is to give them the opportunity to carry out economic activities that enable them to live with dignity and contribute to a better quality of life in their homes. Lending to poor women creates a cascading effect that brings social and economic benefits to a whole family, and thus to the entire community. What is more, the sense of belonging to a group gives these poor women committee members the energy and motivation to reach success.

The committee “Rincon Poty” (Flowers’ corner) is proud to be in its fourth cycle. They have been working with Fundacion Paraguaya for one year.

In 2007, there was an epidemic that affected many people in the whole country. A very affected area was the neighborhood where these ladies live. As a result, four members of the committee got dengue and yellow fever. Since they were not able to work, the generation of income in their families slowed down. The whole group organized different events in the neighborhood in order to raise funds to help the ladies.

The businesses these ladies run are: grocery stores, mini-restaurants, sewing shops, and sales of cosmetics, clothing, remedies, jewelry, and chicken. The money provided by the credit will be invested in: sugar, flour, pasta, winter clothing, fabric, remedies etc.

In this group: Silvina, Miguela, Sofía, María Constancia*, Nancy, Idalia, Gloria, Angelica, Mercedes, Lely, Nilda, Felicia, Mirtha, Luz, Ana
*not pictured

Loan details

Lenders and lending teams

Loan details