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La Esperanza Group
In this Group: Diana, Marina, Estela, Primitiva, Antonia, Aida, Isidora, Alejandra, Hermelinda, Maria, Sixta, Isidora, Isabel, Sonia, Veronica, Buenaventura, Silvia*
* not pictured
The “La Esperanza” (The Hope) Communal Bank is in the city of San Lorenzo. It currently has 17 members. They all actively work because they know that the work is the only way to get ahead. All of them have the same purpose, and that is to get a better future for their families. The essential requirement of this communal bank is unity because they are supportive of one another.

Primitiva sells milk. She says that her work is very self-sacrificing because she gets up very early every day in order to deliver the milk. She does this so that it is on her customers’ tables at breakfast time.

She dreams that one day she will be able to have a dairy where she can sell her product.

She is requesting the loan to buy more milk. Buying in quantity is more economical. Thanks to this, her profit margin will be greater.
View original language description ↓
El comité denominado La Esperanza, es de la ciudad de San Lorenzo. Cuenta actualmente con 17 miembros. Todas ellas trabajan activamente ya que saben que el trabajo es la única forma de salir adelante. Todas ellas tienen un propósito en común, y es procurar por un futuro mejor para sus familiares. El requisito esencial de este comité es la unidad, ya que son solidarias las unas con las otras.
La Sra. Primitiva se dedica a la venta de leche, ella cuenta que su trabajo es muy sacrificado, ya que todos los días se levanta a muy tempranas horas para repartir la leche, para que a la hora del desayuno ya esté en la mesa de sus clientes. Sueña con algún día pode tener una lecheria donde vender su producto.
Ella solicita el credito para la compra de mas leche, ya que por cantidad le sera mas económico, y gracias a esto su margen de ganancia sera mayo.

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
  • 57
    View loans »
    Paraguay Loans Fundraising
  • $28,760,275
    Funds lent in using Kiva
  • 3,950.0
    Paraguay Guarani (PYG) = $1 USD

Success!! The loan was 100% repaid

A portion of La Esperanza Group's $4,400 loan helped a member to buy milk to later sell.
100% repaid
Repayment Term
7 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jun 16, 2011
Listed
Jul 17, 2011
Currency Exchange Loss:
Covered
Ended:
Dec 15, 2011