caragutterman

Fellows Blog Posts by caragutterman

Jul 16, 2008 PY Paraguay

Visiting clients with Fundación Paraguaya hasn’t been exactly what I expected. Fundación clients aren’t being “lifted out of poverty.” They aren’t the poorest of the poor in Paraguay. Most of the time, their loans are simply maintaining a status quo, economically speaking. So far, I’ve visited clients based out of four branch offices, and they have a lot in common. Like many MFIs, Fundación clients are often repeat borrowers. They are already entrepreneurs before they receive their first loan. The classic example is the couple that owns the despensa, a small local grocery/variety store...

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Jun 30, 2008 PY Paraguay

When I told people I was going to spend my summer in Paraguay, I got mostly blank looks.  Unlike Jessica’s panic-inducing internet search results for Nigeria, my results were mostly, well, nonexistent. After all, Paraguay doesn’t have Machu Picchu or the “most dangerous road in the world”.  It doesn’t have Patagonia or the Galapagos.  No Buenos Aires or Rio de Janeiro.  Mostly it’s just an unknown country with a name similar to Uruguay.  Paraguay?  That’s the one in the middle of South America or on the coast?  Reminds me of when I moved to California from New...

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