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Rincón De Esperanza Group
In this Group: Mercedes, Genara , Liduvina , Silvia , Esmilda , Amada , Vicenta , Gladys , Mirtha , Maria , Sandra , Nelida , Monica , Jasmin , Elva , Gladys , Gladys , Elisa *, Basilia *
* not pictured
The “Rincón de la Esperanza” (Corner of Hope) was formed thanks to the coming together of several women from the city of Mariano Roque Alonso with the goal of feeling useful to themselves and their families. Each of them has her own small enterprise. They are very optimistic people who try by all means possible to keep their commitments to themselves since this is what progress depends on. All the group members carry out independent activities like: underwear sales, clothing sales and they are also dressmakers.

Esmilda, for example, is asking for the loan to buy supplies for her business. She’s a Dressmaker and makes clothes to order for her numerous customers. She will use the loan to improve her service. Esmilda intends to continue forward helping her family while always actively cooperating with the committee.
View original language description ↓
El comité “Rincon de la Esperanza” se formó con la unión de varias señoras de la ciudad de Mariano Roque Alonso, con el objetivo de sentirse utiles a si mismas y a su familia, cada una cuenta con sus pequeños emprendimientos, son personas muy optimistas y tratan por todos los medios de cumplir con sus compromisos con ellas mismas ya que de eso depende el progreso.
Todas las integrantes del comité desarrollan actividades independientes, como son las ventas de ropa interior, ropas, también son modistas.
La señora Esmilda, por ejemplo, solicita el crédito para invertirlo en materiales para su negocio, pues ella es modista y confecciona ropas de acuerdo al pedido de sus numerosos clientes, y utilizará el dinero para mejorar sus servicios, de esta forma Esmilda pretende seguir adelante y ayudar a su familia, siempre cooperando activamente con el comité.





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
  • 30
    View loans »
    Paraguay Loans Fundraising
  • $28,082,175
    Funds lent in using Kiva
  • 3,970.0
    Paraguay Guarani (PYG) = $1 USD

Success!! The loan was 100% repaid

A portion of Rincón De Esperanza Group's $4,225 loan helped a member to buy dressmaking supplies.
100% repaid
Repayment Term
6 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Apr 18, 2011
Listed
May 20, 2011
Currency Exchange Loss:
Covered
Ended:
Oct 15, 2011