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Po Joaju Group
In this Group: Norma, Mariza, Mary, Nancy, Lourdes, Liz, Ramona, Maria, Maria, Estela, Fidela, Marta, Mirta, Liza, Basilia
The group called Po Joaju is in its 9th loan cycle with the Programa de Comité de Mujeres where they all work and which is helping them to get ahead. They have taken the poverty elimination survey. There are 15 members of the group and 3 of the women are below the poverty line and are fighting to get ahead.
One of the members is Mariza who, in her latest survey, demonstrated that she is at poverty level 3. Through toil and constant work she has been able to improve and grow to reach the point she is at today. She works selling all types of clothes and this brings her the income that she needs to help her family. She is a self-sacrificing person who strives day in and day out and everything that she has achieved is the fruit of her hard work. She is requesting this loan to buy winter clothes as the cold weather is coming and she wants to stock her business and to keep offering variety to her customers. This will also help her to implement her business plan which will help her to improve her profits.
View original language description ↓
El grupo llamado PO JOAjU está en su ciclo número 9 del programa de comité de mujeres, donde todas trabajan y se ayudan por salir adelante. Están haciendo la encuesta de eliminación de pobreza, de 15 integrantes; 3 señoras se encuentran por debajo de la línea de pobreza, y están luchando por salir adelante.
Una de las integrantes es la Sra. Mariza, quien en su última encuesta mostro un nivel de pobreza dentro del nivel 3. A través del esfuerzo y el trabajo continuo ha ido mejorando y creciendo hasta llegar a como está el día de hoy. Ella se dedica a la venta de ropas de todas clases y con esto tiene los ingresos con los que ayuda a su familia. Es una persona muy sacrificada, que lucha día a día y fruto de su trabajo es todo lo que ha conseguido.
La Sra. Solicita de este crédito para la compra de prendas de invierno, ya que se acerca el frío y quiere poder surtir su negocio y seguir dando variedad a sus clientes, además esto la ayudará a tener a concretar su plan de negocio, el cual le ayudará a mejorar sus ingresos.

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.

About Paraguay

  • $8,400
    Average annual income
  • 52
    View loans »
    Paraguay Loans Fundraising
  • $37,911,075
    Funds lent in using Kiva
  • 3,962.4
    Paraguay Guarani (PYG) = $1 USD

Success!! The loan was 100% repaid

A portion of Po Joaju Group's $2,800 loan helped a member to buy clothes to sell.
100% repaid
Repayment Term
6 months (Additional Information)
Repayment Schedule
Jan 30, 2013
Mar 3, 2013
Currency Exchange Loss:
Jun 17, 2013