Solution

Spearheading Microfinance and Entrepreneurship

This solution addresses poverty in Paraguauy for rural poor entreprenuers and children,

Problem Description

We are using our microfinance program to eliminate the poverty that affects the families of our more than 57,000 clients, from rural and urban areas. 86% of these clients are women. To do so, we have developed a practical methodology which, as a first step, allows poor families to self-diagnose their own poverty, and then permits to develop personalized strategies that help families to permanently pull themselves out of poverty. We call it the “Poverty Stoplight” approach created to eliminate multidimensional poverty.

Solution Type

  • Skoll Social Entrepreneur

    • Solution Stage

    One of the 7 stages of an innovation. Learn more
    STAGE SPECIALIST SKILLS REQUIRED EXAMPLE ACTIVITIES RISK LEVEL AND HANDLING FINANCE REQUIRED KINDS OF EVIDENCE GENERATED GOAL
    Developing and implementing5
    Strong leadership, management, implementation skills
    • Policy design
    • Programme design
    • Business modelling
    • Organisational design
    • Prepare for some adaptation to implementation
    MEDIUM
    • Programme funds, equity, loans, grants
    HIGH
    A robust and detailed case developed through formal evaluation and evidence gathering – use of a control group to isolate impact
    An implemented and sustainable innovation

    Submitted By

    Bryan Lehrer74310022 copy

    Key Details

    Solution Type
    Skoll Social Entrepreneur
    Activity