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Nuevo Horizonte Group
In this Group: Juliana De Jesus, María , María , Lucila , Elsa , Fátima , Sixta , María , Iris , Silvia , Mirta , Alicia , Yolanda , Lourdes , Zoraida , Norma , Mirian , María , Estela *
* not pictured
This group is in the city of Encarnación, and came about because one of the members contracted the Foundation. This is a long-standing group which has been working with the Foundation since 2008. Currently they are in their 15th loan cycle and want to be able to get to the program's maximum level.

Juliana is chairperson of the group, and tells us that she sells fruits and vegetables. She has a small stand in her home, that is very popular with all her friends and neighbors.

Her dream is to be able to expand her small business, and this way have greater income for her family. She is applying for the loan in order to buy fruits and vegetables, which will enable her to stock her business, and offer variety to her customers.
View original language description ↓
Este grupo es de la ciudad de Encarnación, surgió por contacto de una de las integrantes con la fundación, se trata de un grupo antiguo que trabaja con la fundación desde el año 2008. Actualmente se encuentran en el ciclo numero 15 y desean poder llegar al máximo nivel del programa.
Ls Sra. Juliana es la presidenta del grupo y ella nos comenta que se dedica a la venta de frutas y verduras, tiene un pequeño puesto en su casa, el cual es muy concurrido por todos sus amigos y vecinos. Su sueño es poder ampliar su pequeño negocio y de esa forma tener un mayor ingreso para su familia.
Solicita el crédito para la compra de frutas y verduras, con lo cual podrá surtir su negocio y ofrecer la misma variedad a sus clientes.

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
  • 57
    View loans »
    Paraguay Loans Fundraising
  • $33,516,125
    Funds lent in using Kiva
  • 4,280.0
    Paraguay Guarani (PYG) = $1 USD

Success!! The loan was 100% repaid

A portion of Nuevo Horizonte Group's $5,300 loan helped a member to buy fruits and vegetables to sell.
100% repaid
Repayment Term
6 months (Additional Information)
Repayment Schedule
Mar 13, 2012
Apr 19, 2012
Currency Exchange Loss:
Aug 15, 2012