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La Esperanza Group
In this Group: Carolina, Herna, María Lina , Mirna, María Luisa, Norma , Ninfa, Magdalena, Virginia, Amalia, Graciela, Librada, Ana, Myrian, Cesarea, Feliciana*
* not pictured
The La Esperanza women's committee was created on August 17, 2006. They have an excellent record for payment, and their treatment of each other is noteworthy. Because of this and their solidarity, they continue to increase their investments and are still working together.
One of the members sells honey. She produces sugar cane honey with a manual machine with which she wrings the cane and extracts juice which can also be consumed. Later this is boiled at high temperatures to create the honey. Once she has the honey, she jars it in various sizes to sell. She sells her products at various businesses in the area.
She will use the loan to buy jars, sugar cane and other necessities.
View original language description ↓

El Comité de Mujeres de nombre La Esperanza, se conformó en fecha 17 de agosto del 2006.
El grupo tienen un excelente comportamiento de pago, y el trato entre ellas es memorable, gracias a esto y a su trabajo solidario siguen adelante incrementando sus ingresos y trabajando con el programa hasta estos días.
Una de las integrantes es la señora quien se dedica a la venta de miel, ella trabaja elaborando miel de caña de azúcar, tiene un aparato manual con que exprime la caña obteniendo primeramente el mosto que también puede ser consumido, luego este se hierve a altas temperaturas obteniendo la miel.
Una que ella ya tiene la miel lo envasa en diferentes tamaños para vender, ella ofrece y vende sus productos a varios negocios de la zona.
Solicita el préstamo para la compra de frascos, caña de azúcar y otros.

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
  • 27
    View loans »
    Paraguay Loans Fundraising
  • $28,082,175
    Funds lent in using Kiva
  • 4,740.0
    Paraguay Guarani (PYG) = $1 USD

Success!! The loan was 100% repaid

A portion of La Esperanza Group's $4,400 loan helped a member materials such as sugar cane, flour, sugar and coal.
100% repaid
Repayment Term
6 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Apr 25, 2010
Listed
Jun 1, 2010
Currency Exchange Loss:
Covered
Ended:
Sep 15, 2010