Nueva Esperanza I Group

The committee Nueva Esperanza (“A New Hope”) was formed on July 2nd, 2008, and is made up of eighteen women from the city of Itá. This group formed thanks to Mrs. Nancy Sanabria, who talked to a loan officer in the area about starting a group in the Women Entrepreneurs program. She was very enthusiastic and anxious to be able to work with this program, and the group is now in their fourth cycle with the Fundación Paraguaya.

The average credit given to an individual in the committee is 800,000 Paraguayan guarani. The participants use their credit towards their respective activities.

1 Yohana Valdez--Clothing making/sales
2 Francisca Britez --Clothing sales
3 Graciela Delvalle--Dressmaking
4 Elvira Alvarez--Plant sales
5 Claudia Cáceres--Food sales and recycling
6 Nancy Sanabria--Clothing making/sales
7 Lidia Sosa--Small grocery store
8 Aída Sosa--Clothing, fruit and vegetable sales
9 Saturnina Benítez--Meat sales
10 María Rojas--Purchase and sale of recycling
11 Celsa Jiménez--Fruit sales
12 Lorenza Franco--Small grocery store
13 Teresa Lugo--General store
14 María Delvalle--Food sales
15 Mirian Chávez--Fruit and vegetable sales
16 Silvia Riveros--Dressmaker
17 Justina Guzmán--Clothing sales
18 Magdalena Riquelme--Food sales



About Group Loans
In a group loan, each member of the group receives an individual loan but is part of a group of individuals bound by a group guarantee. Under this arrangement, each member of the group supports one another and is responsible for paying back the loans of their fellow group members if someone is delinquent or defaults. Learn more

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