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Emprendedoras De Ybyrapyta Group
In this Group: Blanca, Zunilda, Maria, Adelina, Blacida, Norma, Nelida, Sonia, Zulma, Esmelda, Carolina, Teodora, Griselda, Liz*
* not pictured
Norma started the Emprendedoras Ybyrapyta community bank, which is currently in its 5th loan cycle. They are responding to the poverty elimination survey. Six members are below the poverty line, which means that they have very low income, but this motivates them to continue working.

Norma sells rugs. She considers herself to be a person who fights and works hard. She always makes an effort to innovate and have better products so that she can grow. She makes an effort to improve her life and that of her family since her work means that they do not need to experience any hardship.

She is requesting a loan to purchase rugs, which she will use to continue with her sales so that she will have a better income and be able to invest in her small business.
View original language description ↓
El comité Emprendedoras Ybyrapyta, se conformó con la iniciativa de la señora Norma; Actualmente se encuentran en el 5to ciclo. Están haciendo la encuesta de eliminación de pobreza, donde (6) seis se encuentran por debajo de la línea de pobreza, es decir con ingresos muy escasos, pero lo cual no les motiva más a seguir trabajando.
Norma vende tapetes, se considera a sí misma como una persona que lucha y trabaja, siempre se esfuerza por innovar y traer mejores productos para poder crecer. Ella se esfuerza por mejorar su vida y la de su familia, ya que por medio de eso no tendrán que pasar por ningún tipo de privaciones.
La Sra. solicita de este crédito para la compra de tapetes, con lo que podrá seguir con sus ventas, tener mejores ingresos e invertir en su pequeño emprendimiento.

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
  • 32
    View loans »
    Paraguay Loans Fundraising
  • $37,305,300
    Funds lent in using Kiva
  • 4,415.0
    Paraguay Guarani (PYG) = $1 USD

Success!! The loan was 100% repaid

A portion of Emprendedoras De Ybyrapyta Group's $2,700 loan helped a member to purchase rugs to sell.
100% repaid
Repayment Term
9 months (Additional Information)
Repayment Schedule
May 21, 2013
Jun 18, 2013
Currency Exchange Loss:
Jan 17, 2014