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La Esperanza Group
In this Group: Guillermina, Andrea, Rocio , Numidia , Ayelen , Maria , Blanca , Teresa , Patricia , Norma , Felipa , Sebastiana , Ana
This excellent group of women is called "Mujeres La Esperanza." Its members live in the city of Ita. The communal bank was started thanks to Guillermina, who contacted one of the advisors, and that way informed herself. She succeeded in bringing together 13 women, who are working very happily in the Foundation's program.

She tell us that she sells foodstuffs of all kinds, such as sandwiches, empanadas, croquettes, and other things. It's going very well, since thanks to the good quality of her products, she has a well-established base of customers already.

She says that she gets up every day at a very early hour of the day to prepare the food she sells, and so provide her customers with first class products.

She is applying for the loan in order to buy meats, vegetables, ham, cheese and other indispensable ingredients for making the food that she sells.
View original language description ↓
Mujeres La Esperanza se denomina el excelente grupo de mujeres conformado en la ciudad de Itá, gracias a que a la Sra.Guillermina, quien contacto con una de las asesoras y de esa forma se informo y logro juntar a 13 mujeres, quienes se encuentran trabajando muy a gusto dentro del programa de la fundación.
Guillermina, está casada, tiene 3 hijos. Nos comenta que se dedica a la venta de comestibles de todo tipo, como ser sandwish, empanadas, croquetas y demás, en lo que le va muy bien, ya que gracias a la buena calidad de sus productos ha podido tener ya una clientela bien definida. Cuenta que todos los días se levanta a muy tempranas horas del dia para preparar los alimentos que vende y de esa forma darle a sus clientes productos de primera.
Ella solicita el crédito para la compra de carnes, hortalizas, jamón, queso y demás insumos indispensables para elaborar los alimentos que vende.

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
  • 59
    View loans »
    Paraguay Loans Fundraising
  • $27,639,125
    Funds lent in using Kiva
  • 4,390.0
    Paraguay Guarani (PYG) = $1 USD

Success!! The loan was 100% repaid

A portion of La Esperanza Group's $1,600 loan helped a member to buy meats, vegetables, ham, cheese, and other ingredients.
100% repaid
Repayment Term
6 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Dec 13, 2011
Listed
Dec 15, 2011
Currency Exchange Loss:
Covered
Ended:
May 16, 2012