Nueva Esperanza Group


Status: Paid Back

$1,425.00   Loan Request
$1,425.00   Paid Back

About the Group

Group Name: Nueva Esperanza Group
Group Members: Eleuteria Cardozo
Aparicia Rotela
Catalina Rotela
Nilda Fariña
Martina Coronel
Cristina Galeano
Petronilda Britez
María Lourdes Cubilla
Leonora Martinez
Lilian Prieto
Dinicia Gimenez
Marina Rotela
Alicia Sachez
Blanca Velazquez
Artemia Cristaldo
Location: Ita, Paraguay
Activity: Retail

About the Loan

Loan Amount: $1,425.00
Loan Use: The members of the group will invest in the purchase of milk; sugar; fruit; clothes; items for the home like pots, jars, cutlery, etc.; CDs. All of these items will then be sold. They will also buy thread and fabric for the production of clothes, among other things.
Repayment Term: 6 months - View details below
Lenders Repaid: Monthly
Currency Exchange Loss: Covered
Date Listed: Dec 22, 2008
Date Disbursed: Nov 24, 2008
Date Funded:Dec 22, 2008
Loan Ended:Apr 15, 2009

About the Country

Country:Paraguay
Avg Annual Income:$4,555.00
Currency:Paraguay Guarani (PYG)
Exchange Rate:4,878.8000 PYG = 1 USD



The group called Nueva Esperanza (New Hope) was formed in September 2007.
The group was started as a result of the motivation of a group of friends, who were concerned about contributed to improving their quality of life.
The members of the groups pursue different commercial activities like selling fruit, haberdashery, clothes, food, jewelry, milk, and CDs and making clothes.
The group has a solid commission. This is an excellent group which is continually active in collecting funds to pay for some possibility cost. This emphasizes the solidarity and understanding among the women.



They each pursue the following activities:
Eleuteria Cardozo sells haberdashery
Aparicia Rotela sells fruit
Catalina Rotela sells haberdashery
Nilda Fariña sells jewelry
Martina Coronel sells clothes
Cristina Galeano sells food
Petronila Britez sells clothes
María Lourdes Cubilla sells clothes
Leonora Martínez sells haberdashery
Lilian Prieto sells clothes
Dionicia Giménez sells milk
Marina Rotela sells fruit
Alicia Sánchez sells fruit
Blanca Velázquez makes clothes
Artemia Cristaldo sells CDs


Translated from Spanish by Avni Shah, Kiva Volunteer


El grupo denominado Nueva Esperanza se conformó en el mes de setiembre del año 2.007.
El origen de la asociación del comité se dio a partir de la motivación de un grupo de amigas, preocupadas por contribuir con la mejoría de la calidad de vida.
Las integrantes del grupo se dedican a distintas actividades comerciales como: venta de frutas, mercería, ropas, comidas, bijouterie, leche, Cds., y a la confección de ropas.
El comité cuenta con una comisión sólida, es un excelente grupo el cual activa continuamente para la recaudación de fondos para solventar alguna eventualidad, se destaca la solidaridad y la comprensión entre ellas.
Las actividades que desarrollan cada una son:

Eleuteria Cardozo Venta de mercería
Aparicia Rotela Venta de frutas
Catalina Rotela Venta de mercería
Nilda Fariña Venta de bijouterie
Martina Coronel Venta de ropas
Cristina Galeano Venta de comidas
Petronila Britez Venta de ropas
María Lourdes Cubilla Venta de ropas
Leonora Martínez Venta de mercería
Lilian Prieto Venta de ropas
Dionicia Giménez Venta de leche
Marina Rotela Venta de frutas
Alicia Sánchez Venta de frutas
Blanca Velázquez Confección de ropas
Artemia Cristaldo Venta de Cds



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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Lenders to this group

Lathie
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R. Allen
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Liesbeth
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andrea
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Ron and Marlene
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Bahram
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Cindy
Bowdon, GA
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Louise
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Mari
Lantzville, British Columbia
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Catherine
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Afzal Hossain
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Joe
Boston, MA
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Claire
Mount Helena, Western Australia
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CBS RS Students
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Gilles
MESANGER,
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Chris
Derby, Derbyshire
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Rui
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Erich
Rye, NY
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Benzi
Gainesville, FL
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Anonymous
Pensacola, FL
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Gordon
Winamac, IN
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Linda
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Damico family
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Gloria Dei
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Anonymous
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Anonymous
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Nancy
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Steve
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Heather
San Francisco, CA
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Colleen & Bill
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Anonymous
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cMaille
Emeryville, CA
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Katrina
Wauwatosa, WI
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Kolja
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Eileen
Petaluma, CA
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Klassen Family
Grand Forks, British Columbia
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Clifford & Trish
Clifton Park, NY
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Traci-Lynn
Mill Valley, CA
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Francis
Stayner, Ontario
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Natasha
Portland, OR
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Helen
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Journal entries for Nueva Esperanza Group


Loan has been disbursed
 
Entrepreneur: Nueva Esperanza Group
Location: Ita, Paraguay

Thank you for your loan. It has been disbursed to the Nueva Esperanza (New Hope) group, consisting of Eleuteria Cardozo, Aparicia Rotela, Catalina Rotela, Nilda Fariña, Martina Coronel, Cristina Galeano, Petronilda Britez, María Lourdes Cubilla, Leonora Martinez, Lilian Prieto, Dinicia Gimenez, Marina Rotela, Alicia Sachez, Blanca Velazquez, Artemia Cristaldo by Fundación Paraguaya in Paraguay. We are excited to watch this business grow. Over the 3 months of this loan, Fundación Paraguaya will be collecting repayments from this entrepreneur and posting progress updates on the Kiva website.


Posted by from Ita, Paraguay
Dec 23, 2008
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Kiva Help Repayment Schedule for Nueva Esperanza Group

  Expected Repayments Actual Repayments Comments
February 2009 $445.30 $445.30 Repayment Received
March 2009 $356.24 $356.24 Repayment Received
April 2009 $356.24 $356.24 Repayment Received
May 2009 $267.22 $267.22 Repayment Received