Check out other loans that are currently fundraising!
Nueva Esperanza Group
In this Group: Petrona, Digna, Maria, Mirta, Maria, Luisa, Fatima, Diesy, Miryan, Natividad, Justina, Mirna, Maria, Juana
The committee called “Nueva Esperanza” (New Hope) is from the city of San Ignacio; it currently has 14 members. All of them are neighbors and friends from the city. They meet with one common goal: to obtain higher income for the support of their households.

Petrona sells milk. Through this work she’s able to cover her expenses. She states that the work is very demanding because she must rise very early to deliver the dairy products because her customers so require.

She asks for the loan to buy more dairy products in order to continue to meet customer demand.
View original language description ↓
El comité denominado Nueva Esperanza, es de la ciudad de San Ignacio, actualmente cuenta con 14 miembros. Todas ellas son vecinas y amigas de la ciudad. Se unen con un objetivo en común, que es la obtención de mayores ingresos para la manutención de sus casas.
La Sra. Petrona, se dedica a la venta de leche, por medio de este trabajo ella puede solventar todos los gastos que tiene. Manifiesta que su trabajo es muy sacrificado ya que se levanta a muy tempranas horas para repartir los lácteos, ya que los clientes se lo demandan.
Ella solicita el credito para la compra de mas lácteos, con lo cual podrá asegurar el cumplimiento de las demandas de sus clientes.

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
  • 61
    View loans »
    Paraguay Loans Fundraising
  • $27,639,125
    Funds lent in using Kiva
  • 3,960.0
    Paraguay Guarani (PYG) = $1 USD

Success!! The loan was 100% repaid

A portion of Nueva Esperanza Group's $4,525 loan helped a member to buy milk to resell.
100% repaid
Repayment Term
6 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jun 21, 2011
Listed
Jul 16, 2011
Currency Exchange Loss:
Covered
Ended:
Nov 15, 2011