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La Esperanza Group
In this Group: Yeisy Soledad, Ana , Cirila , Maria , Liz , Mirta , Vanessa , Fatima , Vanessa , Teresa , Ceferina , Teresa
The bank was formed because some people that were already in the program decided to form one in their community. Some had left other banks but with excellent payments and very good references. The bank began in this way. Currently the bank is in its second loan cycle in the program.

Yeisy, 29, is married to Gustavo. They have five children who are in school, and for whom this couple always fights tirelessly. She works in her beauty salon, and comments that her services are in great demand, so it is going very well for her.

She wants to continue offering good service to her customers. This is why she is requesting the loan, to be able to buy the necessary supplies for the beauty salon, such as gel, dyes, hairspray, shampoo, rinses, and others.

She is happy about the opportunity she is getting because it will help her a lot.
View original language description ↓
El presente comité se formo por medio de la de que algunas personas ya estaban dentro del programa del comité decidieron formar uno dentro de su comunidad, algunas se habían retirado de otros comités pero con excelentes pagos y muy buena referencias. De esa manera se inicia dicho comité. El comité actualmente se encuentra en el segundo ciclo del programa.
La Sra Yeisy tiene 29 años de edad, está casada con el Sr Gustavo, tienen 5 hijos que van a la escuela, y por quienes esta pareja siempre lucha incansablemente. La Sra. Se dedica a la peluquería, y comenta que sus servicios son muy requeridos, por lo que le va muy bien.
Ella quiere seguís ofreciendo un buen servicio a sus clientes, es por ello que solicita el préstamo, para poder comprar los insumos necesarios para la peluquería, como ser gel, tintes, spray, shampoo, enjuagues y otros, Ella está contenta por la oportunidad que está recibiendo, ya que la ayudara mucho.

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
  • 132
    View loans »
    Paraguay Loans Fundraising
  • $31,646,450
    Funds lent in using Kiva
  • 4,210.0
    Paraguay Guarani (PYG) = $1 USD

Success!! The loan was 100% repaid

A portion of La Esperanza Group's $1,950 loan helped a member to buy supplies for her beauty salon.
100% repaid
Repayment Term
5 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Feb 23, 2012
Listed
Mar 24, 2012
Currency Exchange Loss:
Covered
Ended:
Jun 15, 2012