How well do you know yourself? What do you consider yourself talented at? What dreams do you have?
These questions are ones that can easily put people on a thinking spree, but for the loan officers of Fundacion Paraguaya, these are the questions that they ask every day to the women’s committees with whom they work. A typical committee is made of around 12-17 women, and with such a large group, you are bound to see all kinds of personalities and a unique life story for each female member.
During the first few loans, the loan officer is the mentor to the group: she motivates the women to be entrepreneurial, to value their own ideas, and to understand the steps and start thinking about how to start a business, among other things. But as time passes, and the women repay and renew their loans, and start and improve their businesses, a mentor emerges from within the group and takes on the role of the committee president. Usually the president exhibits more security thanks to a higher than average education or income and this helps her lead others in the same route.
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