Nueva Esperanza Group
Status: Paid Back
| $2,350.00 | Loan Request | |
|---|---|---|
| $2,350.00 | Paid Back |
About the Group
| Group Name: | Nueva Esperanza Group |
|---|---|
| Group Members: |
Naida Insfran (not pictured) Ramona Quintan (not pictured) Maria Acosta (not pictured) Angela Cardozo Rocio Cantero Beatriz Barreto Lidia Fernandez Venacia Dure Dolly Mereles Aaurelia Estigarribia Pelagia Chavez Julia Gimenez Sara Leguizamon Alba Arevalos Sarita Rosso |
| Location: | Ciudad Del Este, Paraguay |
| Activity: | General Store |
About the Loan
| Loan Amount: | $2,350.00 |
|---|---|
| Loan Use: | To buy rope, tobacco, garlic, and soft drinks. |
| Repayment Term: | 5 months - View details below |
| Lenders Repaid: | Monthly |
| Currency Exchange Loss: | Covered  |
| Date Listed: | Feb 4, 2008 |
| Date Disbursed: | Feb 19, 2008 |
| Date Funded: | Feb 5, 2008 |
| Loan Ended: | May 6, 2008 |
About the Field Partner
About the Field Partner
|
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| Field Partner: | Fundación Paraguaya |
|---|---|
| Field Partner Risk Rating: | |
| Fundraising Status: | Active |
| Time On Kiva: | 29 months |
| Kiva Entrepreneurs: | 11732 |
| Total Loans: | $2,785,125 |
| Delinquency Rate: | 0.00% |
| Default Rate: | 0.00% |
| Currency Exchange Loss Rate: | 0.00% |
| More on this field partner >> | |
About the Country
| Country: | Paraguay |
|---|---|
| Avg Annual Income: | $4,555.00 |
| Currency: | Paraguay Guarani (PYG) |
| Exchange Rate: | 4,695.2000 PYG = 1 USD |
These women are asking for a loan together to help increase their business profits. With the money they will purchase various groceries and ropes for their individual businesses.
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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Journal entries for Nueva Esperanza Group
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Loan has been disbursed
Location: Ciudad Del Este, Paraguay
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Posted by
Denysse Figueredo from Ciudad Del Este, Paraguay
Feb 6, 2008 |
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Comments (2)
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Repayment Schedule for Nueva Esperanza Group
Repayment Schedule for Nueva Esperanza Group
| Expected Repayments | Actual Repayments | Comments | |||
|---|---|---|---|---|---|
| May 2008 | $783.33 | $784.00 |  Repayment Received
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| June 2008 | $783.33 | $784.00 | Repayment Received
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| July 2008 | $783.34 | $782.00 | Repayment Received
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