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La Esperanza Group
In this Group: Martina Ramona , Rosa , Gladys , Lorenza , Antonia , Basilicia , Luisa , Candelaria , Eduarda , Antonia
Description: The “La Esperanza” (Hope) committee is from the city of Concepción; it has ten members most of which are small business owners. All have the hope of continuing to get ahead seeking progress for each one of them and for the community. This is why the committee carries that name.

Martina sells clothes and comments that she has a well-defined clientele because she always brings very good products to sell added to the good prices she has. She relates that through this business she has the means necessary to support her family and cover daily household expenses.

She asks for the loan to buy summer clothes to stock up on and have more variety to offer her customers while at the same time filling their orders.
View original language description ↓
Descripción: El comité La Esperanza, es de la ciudad de Concepción, cuenta con diez miembros en donde la mayoría se dedican a pequeñas actividades. Todas tienen la esperanza de seguir luchando por salir adelante, buscando el progreso de cada una de ellas y la de su comunidad, es por eso que el grupo lleva ese nombre.
Martina se dedica a la venta de ropas, y comenta que ya tiene una clientela bien definida, pues ella siempre trae muy buenos productos para vender, y sumado a eso los buenos precios que tiene. Cuenta que por medio de este negocio ella tiene los medios necesarios para poder sustentar a su familia y cubrir el gasto del día a día.
Ella solicita el crédito para la compra de prendas de verano, con lo cual podrá surtirse y de esa forma tener mayor variedad que ofrecer a sus clientes y de paso cumplir con los pedidos de estos.

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
  • 62
    View loans »
    Paraguay Loans Fundraising
  • $30,749,875
    Funds lent in using Kiva
  • 4,610.0
    Paraguay Guarani (PYG) = $1 USD

Success!! The loan was 100% repaid

A portion of La Esperanza Group's $1,175 loan helped a member to buy summer clothes for subsequent resale.
100% repaid
Repayment Term
9 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Dec 23, 2011
Listed
Jan 24, 2012
Currency Exchange Loss:
Covered
Ended:
Aug 15, 2012