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Nueva Esperanza Group
In this Group: Lucina , Felisa , Rosalba , Andrea , Virgnia , Lilian , Idelina , Maria , Hilaria , Liz , Fany , Sara , Tomasa , Blanca , Zulli , Fatima *
* not pictured
This group, called Nueva Esperanza, is made up of 16 members who invest the support they get from the foundation into their various lines of work. They are in their second lending cycle with the program Comite de Mujeres Emprendedoras and they want to keep growing with the help of the foundation.

Lucina, 33, is a merchant with a small but well-stocked store. She has two children, ages 13 and 10, who are in school. She tells us that her children are her reason for being and that they motivate her to keep fighting. She has many sales orders, which is why she asks for a loan to be able to complete those orders.

Lucina asks for a loan to buy corn, pasta, sugar, flour and other products to stock her store and meet her customers' demand.
View original language description ↓
El grupo llamado Nueva Esperanza, está formado por 16 integrantes quienes invierten en diferentes actividades de producción la ayuda que les brinda la fundación, se encuentran en el segundo ciclo del Programa Comité de Mujeres Emprendedoras y les gustaría poder ir creciendo por medio de la ayuda de la fundación.
La Sra Lucina, tiene 33 años, es comerciante, tiene una pequeña despensa bien surtida. Tiene 2 hijos uno tiene 13 años y la otra 10 años ambos están estudiando aun en la escuela. Ella nos comenta que sus hijos son su razón de ser y que ellos siempre la motivan a seguir luchando. Cuenta que tiene muchas ventas y pedidos por lo que solicita el crédito para poder cumplir con los pedidos.
La Sra Lucina pide el crédito para la compra de maíz, fideos, azúcar, harina, y demás productos, los cuales le servirán para abastecerse y cumplir con la demanda 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
  • 55
    View loans »
    Paraguay Loans Fundraising
  • $28,924,525
    Funds lent in using Kiva
  • 4,265.0
    Paraguay Guarani (PYG) = $1 USD

Success!! The loan was 100% repaid

A portion of Nueva Esperanza Group's $2,025 loan helped a member to buy corn, pasta, sugar, flour and other products.
100% repaid
Repayment Term
6 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Oct 21, 2011
Listed
Nov 18, 2011
Currency Exchange Loss:
Covered
Ended:
Mar 15, 2012