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La Esperanza Group
In this Group: Elida , Pamela , Deisy , Maria , Nilda , Cyntia , Rocio , Lina , Delia , Reinilda , Rosenda , Norma , Justina *, Gladys *, Lidia *
* not pictured
The communal bank La Esperanza was formed by 15 neighbors in the city of Mariano Roque Alonso, where all the bank members carry out activities independently and work as a group to promote their fellowship. The members are a very united group, capable of working together on activities that strengthen their friendship.

Pamela is one of the members of the communal bank. She has a grocery store in her house. She has 1 child and her husband is a nurse. She is very happy with their activities and the training the group receives. Because of them she has been able to get ahead and improve her family's situation.

She is requesting the loan to buy beverages, meats, dairy products, vegetables, and the other supplies she needs to stock space.They are very happy for the help they are receiving from the foundation and from Kiva.
View original language description ↓
El comité La Esperanza se formó con la unión de 15 vecinas de la ciudad de Mariano Roque Alonso, donde todas las integrantes del comité desarrollan actividades independientes, pero también en forma grupal para fomentar su compañerismo. Las integrantes formaron un grupo muy unido y capaz de realizar conjuntamente actividades que fortalecen su compañerismo.
La Señora Pamela es una de las integrantes del comité, ella tiene una despensa en su casa .Ella tiene 1 hijo y su marido es enfermero. Se encuentra muy satisfecha con sus actividades y las capacitaciones que recibe el grupo., y gracias a estas ha podido salir adelante y mejorar las condiciones de su familia.
Ella solicita el crédito para la compra de bebidas, carne, lácteos, hortalizas y demás insumos necesarios para poder surtir su local. Ellas están muy contentas por la ayuda que están recibiendo en la fundación y por parte de kiva.

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
  • 27
    View loans »
    Paraguay Loans Fundraising
  • $28,082,175
    Funds lent in using Kiva
  • 4,270.0
    Paraguay Guarani (PYG) = $1 USD

Success!! The loan was 100% repaid

A portion of La Esperanza Group's $2,700 loan helped a member to buy supplies to stock her grocery store.
100% repaid
Repayment Term
6 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Feb 16, 2012
Listed
Mar 19, 2012
Currency Exchange Loss:
Covered
Ended:
Jul 15, 2012