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La Esperanza Group
In this Group: Mariza , Agustina , Aida , Maria , Cinthia , Cecilia , Maria , Lidia , Amelia , Yessica , Teresa , Elva , Monica , Ramona , Andresa , Cinthia , Mirian , Gloria *, Mirtha *
* not pictured
Agustina is the lady who made contact with Fundación Paraguaya in order to set up this committee. She invited her friends to join and organized them so that they could take part in the Entrepreneurial Women's Committee program. The women were happy to take part and since then they have been working together with Fundación Paraguaya.

Agustina has been married to Jorge for 15 years. Jorge works as a driver for a company. The couple have two young children who are the motivation behind their hard work. Agustina has a store where she sells all kinds of products such as clothing, exercise books, sneakers, etc. She says that her business is doing well as she has good customers and makes good income.

Agustina is requesting a loan to buy clothing in general, accessories and stationery. Her goal is to expand her business so that she can provide her family with a better lifestyle.
View original language description ↓
El contacto para el inicio del presente comité fue la señora Agustina quién invito y organizo a sus amigas para formar parte del programa Comité de Mujeres Emprendedoras. Ellas gustosas aceptaron formar parte, y desde esa vez se encuentran trabajando con la fundacion paraguaya.
La sra. Agustina esta casada con el señor Jorge hace 15 años, quien trabaja como chofer en una empresa , tienen dos hijo pequeños, los cuales son el motivoo de lucha de ambos. Ella tiene una mercería donde vende todo tipo de productos, comno prendas, cuadernos, zapatillas y demás, y comenta que le va bien, que ya tiene buena clientela y que le genera buenos ingresos.
Ella solicita el préstamo para la compra de prendas de vestir en general, accesorios y libreria en general. Agustina tiene como meta ir agrandando su negocio y brindando asi un mejor estilo de vida a su familia.

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
  • 93
    View loans »
    Paraguay Loans Fundraising
  • $31,557,250
    Funds lent in using Kiva
  • 4,310.0
    Paraguay Guarani (PYG) = $1 USD

Success!! The loan was 100% repaid

A portion of La Esperanza Group's $5,350 loan helped a member to buy clothing and stationery products to sell.
100% repaid
Repayment Term
6 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jan 31, 2012
Listed
Feb 28, 2012
Currency Exchange Loss:
Covered
Ended:
Jun 15, 2012