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La Esperanza Group
In this Group: Gladyz , Carmen, Josefina , Amalia , Deisy , Aida , Celina , Lisa , Graciela , Gloria , Susana , Rosalia , Irene , Maria , Maria , Gloria , Nilda , Estela , Mirian , Andrea , Eduarda , Gloria , Norma *
* not pictured
The group "La Esperanza" was formed initially by Josefina V., a resident of Padre Damián neighborhood in the area of Pdte. Franco. Josefina contacted her neighbors and friends in the area to form a group together.

The women of the group are now in their eighth loan cycle with 23 members. As a group, the women stand out in their community because of their solidarity, unity, and responsibility. They work in many different industries, such as selling clothing, jewelry, medicines, food, and the like. Others in the group are working to learn a new trade. In their prior loan cycle, the ladies received individual loans ranging from 300,000 guaranis (approx. $63 USD) to 1,100,000 guaranis (approx. $233 USD), for the purchase of merchandise.

The group members work in the following industries, as follows:
Gladys Zunilda O., Deisy V., and Celina B. sell herbal remedies. Lissa López sells perfumes. Gloria M. sells fruit. Rosalía Benítez sells lottery tickets. Irene González is a seamstress. María M. and María López cook and sell meals. Carmen A., Josefina V., and Gloria Rodríguez run food pantries. Estela T. sells jewelry. Eduarda R. sells hamburgers. Amalia E., Aida G., Graciela Fariña, Susana P., Nilda T., Gloria López, Andrea M., Mirian C., and Norma T. sell clothing.
View original language description ↓
Para la formación del presente comité, inició la Señora Josefina V., domiciliada en el Barrio Padre Damián de la Zona de Pdte. Franco. Ella contactó con sus vecinas y amigas para formar el comité en la Zona.
El mismo se denomina “La Esperanza”; las mismas están en el Octavo Ciclo, cuenta con 23 integrantes, es un grupo que se destaca en el barrio por ser muy unido, solidario y responsable; ellas tienen actividades diferentes, como ser: venta de: joyas, ropas, perfumes, remedios yuyos, venta de hamburguesa, etc. Otras, están emprendiendo una nueva labor.
Las Señoras retiran un crédito de g s 300.000 hasta 1100.000gs para la compra de mercaderías para la posterior venta.
1
Gladys Zunilda O.
Venta de Remedio Yuyo
2
Carmen A.
Despensa
3
Josefina V.
Despensa
4
Amalia E.
Venta De Ropa
5
Deisy V.
Venta de Remedio Yuyo.
6
Aida G.
Venta De Ropa
7
Celina B.
Venta de Remedio
8
Lissa López
Venta De Perfume
9
Graciela Fariña
Venta de ropa
10
Gloria M.
Venta De Frutas
11
Susana P.
Venta De Ropa
12
Rosalía Benítez
Venta de Quínela
13
Irene González
Costurera
14
María M.
Venta De Comida
15
María López
Venta de Comida
16
Gloria Rodríguez
Despensa
17
Nilda T.
Venta de Ropas
18
Estela T.
Venta de Joyas
19
Mirian C.
Venta de Ropa
20
Andrea M.
Venta de Ropa
21
Eduarda R.
Venta de Hamburguesas
22
Gloria López
Venta de Ropa
23
Norma T.
Venta de Ropa

Additional Information

About Fundación Paraguaya

Fundación Paraguaya is a financially self-sustaining social enterprise that promotes entrepreneurship in urban and rural areas through microfinance, education programs, and more. Its focus on agriculture has helped many farmers boost their crop yields. And a number of other borrowers have taken out loans to start and grow social businesses that have helped deliver eyeglasses, medicines and other helpful services in their local communities.

This is a Group Loan

In a group loan, each member of the group receives an individual loan but is part of a larger group of individuals. The group is there to provide support to the members and to provide a system of peer pressure, but groups may or may not be formally bound by a group guarantee. In cases where there is a group guarantee, members of the group are responsible for paying back the loans of their fellow group members in the case of delinquency or default.

Kiva's Field Partners typically feature one borrower from a group. The loan description, sector, and other attributes for a group loan profile are determined by the featured borrower's loan. The other members of the group are not required to use their loans for the same purpose.

About Paraguay

  • $4,555
    Average annual income
  • 53
    View loans »
    Paraguay Loans Fundraising
  • $29,537,050
    Funds lent in using Kiva
  • 4,670.0
    Paraguay Guarani (PYG) = $1 USD

Success!! The loan was 100% repaid

A portion of La Esperanza Group's $2,850 loan helped a member purchase of merchandise including clothing, jewelry, perfumes, fabric for dressmaking, and herbal remedies.
100% repaid
Repayment Term
6 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Nov 27, 2009
Listed
Dec 24, 2009
Currency Exchange Loss:
Covered
Ended:
Apr 15, 2010