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La Esperanza Group
In this Group: Nancy, Damacia , Nancy , Dominga , Ida , Myrian , Daniela , Elvira , Graciela , Myrian , María , Celia , Daniela , Ana , Juana , Teresa , Rosa , Mirna , Elsi *, Silvia *, Vaneza *
* not pictured
The committee called La Esperanza, or “Hope,” is composed of 21 hardworking, enterprising women. They are currently in their fourth cycle. This group stands out in the neighborhood for being very united and responsible. They have a great entrepreneurial spirit. They are not afraid of any challenges.

One of the members is Nancy. She sells all kinds of jewelry. She says that she has a lot of customers, as many men as women, which brings her a good income. She says that through this work, she has been able to get ahead and help her family. One of her dreams is to have a well stocked jewelry store where she can have all kinds of jewelry, which would allow her to attract more customers.

She is requesting the loan to purchase rings, bracelets, chains, earrings, and other kinds of jewelry that she will use to offer a greater selection of jewelry. Thanks to the opportunity provided to her by Kiva and the foundation, she finds herself a step closer to realizing her dreams.
View original language description ↓
El comité se Denomina “La Esperanza” está integrado por 21 mujeres muy trabajadoras y emprendedoras, actualmente están en el Cuarto Ciclo. Es un grupo que se destaca en el barrio por ser muy unidas y responsables, tienen un gran espíritu emprendedor, pues no temen a ningún desafío.
Una D. ellas es la señora Nancy, ella se dedica a la venta D. joyas D. todo tipo. Comenta que tiene muchos clientes, tanto hombres como mujeres, lo cual le trae buenos ingresos. Ella comenta que por medio D. este trabajo ha podido salir adelante y ayudar a su familia, unos D. sus sueños es poder tener una joyería bien abastecida donD. pueda tener todo tipo D. joyas, lo cual le permitirá atraer a más clientes.
Ella solicita el crédito para la compra D. cadenas, anillos, pulseras, aros y otro tipo D. joyas, con lo cual podrá tener más variedad D. joyas. Gracias a la oportunidad que le da kiva y la fundación, ella se encuentra a un paso más D. cumplir sus sueños.

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
  • 4,265.0
    Paraguay Guarani (PYG) = $1 USD

Success!! The loan was 100% repaid

A portion of La Esperanza Group's $4,350 loan helped a member purchase rings, bracelets, chains, earrings, and more.
100% repaid
Repayment Term
6 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Oct 19, 2011
Listed
Nov 17, 2011
Currency Exchange Loss:
Covered
Ended:
Mar 15, 2012