La Amistad Group
Mercedes earns a living selling foods that she herself prepares very early in the day. She notes that she has good customers who wait in the early morning hours to eat her delicious foods.
She is requesting this loan to invest in the purchase of meat, vegetables, condiments, ham, cheese, eggs and other supplies to be able to continue delighting her customers with the delicious meals that she makes.
Mercedes, quien en su encuesta mostró un nivel de pobreza medio. A través del esfuerzo y el trabajo continuo y las capacitaciones que recibe, está segura que irá mejorando. Ella se dedica a la venta de comestibles que ella misma hace desde muy tempranas horas del día. Cuenta que tiene buena clientela que desde tempranas horas del día la esperan para comer sus ricos alimentos.
Solicita de este crédito para poder invertirlo en la compra de carne, verduras, condimentos, jamón, queso, huevo y demás insumos para poder seguir deleitando a sus clientes con las comidas ricas que hace.
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