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Nueva Esperanza De San Luis Group
In this Group: Gloria Celeste, Lorenza, Gregoria, Amada, Seferina, Zoraida, Ramona, María Gumercinda, Vicenta María, Justina, Rosalba, Librada, Rosi Ramona, Limpia Concepción, Efigenia, Lucina, Juana , Adolfina, María Herminia, Juliana, Idalina
This committee formed in the city of Caaguazú’s San Luis neighborhood. It has 21 members. They are hard working, mutually supportive and responsible women who decided to form a group of women whose goal is to receive a small loan from Fundación Paraguaya to invest in their daily jobs hoping to increase sales and receive more profits for their own personal and their families’ wellbeing.

Librada wants to go into clothes and notions sales and needs the loan to buy t-shirts, blouses, pants, jackets, shirts, shorts as well as thread, needles, seed pearls, acrylics, among other necessary supplies to get started in this activity and to be able to improve herself daily.
View original language description ↓
Este comité se formó en el Barrio San Luis de la Ciudad de Caaguazú, son 21 (Veinte y un) señoras trabajadoras, solidarias y responsables, que decidieron formar un grupo de mujeres, cuyo fin es recibir un pequeño préstamo de la Fundación Paraguaya para invertir en sus trabajos diarios,con el deseo de incrementar las ventas y recibir más ganancia para beneficio personal y de toda la familia.
La Sra. Librada desea dedicarse a la venta de ropas y confección de bijouteries para lo cual necesita de este crédito que será destinado a la compra de remeras, blusas, pantalones, camperas, camisas, shorts, asimismo hilos, agujas, perlitas, acrílicos, entre otros elementos necesarios para iniciarse en esta actividad y poder superarse diariamente.

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

  • $8,400
    Average annual income
  • 94
    View loans »
    Paraguay Loans Fundraising
  • $30,964,825
    Funds lent in using Kiva
  • 3,980.0
    Paraguay Guarani (PYG) = $1 USD

Success!! The loan was 100% repaid

A portion of Nueva Esperanza De San Luis Group's $3,325 loan helped a member to buy clothes and to buy notions.
100% repaid
Repayment Term
6 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Apr 20, 2011
Listed
May 23, 2011
Currency Exchange Loss:
Covered
Ended:
Sep 15, 2011