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Nueva Esperanza Group
In this Group: Sara Ramona , Sara , Ramona , Venancia , Gladys , Ester , Rocio , Lidia , Oracia , Tomasa , Idalia , Viviana , Blanca , Reina *, Ramona *
* not pictured
The committee named "Nueva Esperanza" (New Hope) is in its 18th cycle with 15 members. It is a group that is well known in the neighborhood for being very united, cohesive, and responsible. They are very hardoworking and enterprising women and they comment that they give their maximum effort in order to be able to get ahead for their families.

Ester works selling perfumes and she tells us that her sales are good, since she always has a very wide variety that she offer to her customers. She is a very hardworking woman and she says that through her job, she has been able to help her family and keep up with the day to day expenses.

She requests this loan in order to purchase perfumes, for men as well as women, with which she will be able to fulfill the orders that she has. She is happy for the help that she is receiving from Kiva and Fundación Paraguaya.
View original language description ↓
l comité se Denomina “Nueva Esperanza” están en el Ciclo numero 18 con 15 integrantes, es un grupo que se destaca en el barrio por ser muy unidas solidarias y responsable entre ellas. Son mujeres muy trabajadoras y emprendedoras y comentan que se esfuerzan al máximo para poder sacar adelante a sus familias.
Ester trabaja en la venta de perfumes y nos comenta que tiene buena venta, ya que siempre tiene muy buena variedad que ofrece a sus clientes. Ella es una mujer muy trabajadora y comenta que por medio de su trabajo ha podido ayudar a su familia y aportar con los gastos del día a día.
Ella solicita el crédito para la compra de perfumes, tanto para hombres como para mujeres, con lo cual podrá cumplir con los pedidos que tiene. Ella está contenta por la ayuda que está recibiendo por parte de kiva y de fundación paraguaya.

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
  • 138
    View loans »
    Paraguay Loans Fundraising
  • $31,646,450
    Funds lent in using Kiva
  • 4,280.0
    Paraguay Guarani (PYG) = $1 USD

Success!! The loan was 100% repaid

A portion of Nueva Esperanza Group's $3,850 loan helped a member to purchase perfumes to sell.
100% repaid
Repayment Term
5 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Feb 21, 2012
Listed
Mar 22, 2012
Currency Exchange Loss:
Covered
Ended:
Jul 15, 2012