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Nueva Esperanza Group
In this Group: Rocio Elodora , Patricia Lorena, Sonia Elizabeth, Margarita, Maria Leoncia, Ramona, Maria Liz , Virginia, Gladys, Maximina, Maria Celestina, Maria Guillermina , Teofila Azucena, Maria Cristina*, Zunilda*, Adriana*
* not pictured
Maria Liz A. was the focal point for beginning this group. She invited and organized her friends to form the “Comité de Mujeres Emprendedoras” (Committee for Entrepreneurial Women).

Maria Liz A. sells clothing and now she wants to begin selling cosmetics. She’s been married to Ignacio R. for 16 years. He works for a large company. They have four children, three in junior high school and one three year old daughter. Maria Liz requested a loan to buy products that will provide a better assortment in her businesses (coats, sheets, creams, colognes, and cosmetics).

Some day she would like to open a store in downtown Luque and in that way be able to increase her income to provide the best for her children.

All the members of the committee are hard working women hoping for a better quality of life for their families. They have approached this institution hoping that they will get the assistance that they need.
View original language description ↓
El contacto para el inicio del presente comité fue la señora Maria Liz A., ella invitó y organizó a sus amigas para formar parte del programa Comité de Mujeres Emprendedoras.
La sra. Maria Liz A. se dedica a la venta de ropas y ahora quiere emprender su venta de cosméticos.
Ella tiene pareja, con quien vive desde hace 16 años, es el señor Ignacio R., quien trabaja en una empresa grande, tienen cuatro hijos estudiantes, tres en la secundaria y una niña de tres años.
La señora Maria Liz solicitó el crédito para la compra de productos que la ayuden a surtir mejor sus negocios (abrigos en general, sábanas, cremas, colonias, y cosméticos).
Ella sueña con abrir un negocio de mercería en el centro de Luque y de esa manera aumentar su ingresos para brindar lo mejor a sus hijos.
Todas las integrantes del comité son mujeres luchadoras y esperanzadas en un mejor vivir, en una mejor calidad de vida para sus familias, por eso acuden a esta institución confiando ciegamente en que conseguirán la ayuda que requieren.

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
  • 58
    View loans »
    Paraguay Loans Fundraising
  • $28,869,750
    Funds lent in using Kiva
  • 4,000.0
    Paraguay Guarani (PYG) = $1 USD

Success!! The loan was 100% repaid

A portion of Nueva Esperanza Group's $2,825 loan helped a member to buy merchandise to stock her business.
100% repaid
Repayment Term
6 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Mar 24, 2011
Listed
May 1, 2011
Currency Exchange Loss:
Covered
Ended:
Aug 15, 2011