Check out some available loans that are similar to this one!
Nueva Esperanza Group
In this Group: Andrea Elizabeth, Justa , Natividad , Francisca , Apolonia , Juana , Norma , Sonia , Veronica , Nancy , Alba , Juana , Mirta , Magdalena , Juana , Sebastiana , Gabriela *, Silvina *
* not pictured
This group of borrowers was formed with members of another group, which decided to form one in their neighborhood, and in this way they could help one another. Their desire is to help themselves and their families.

Justa, a member of the group, is 54 years old, single, and has 4 daughters. She has a well supplied store, which supplies the residents of her neighborhood and other areas. Her goal is to expand her business and to make it more comfortable for her customers.

She is asking for a loan in order to buy baked goods, dairy, fruits, vegetables and other items with which she can stock up and fulfill the needs of her customers.
View original language description ↓
El comite se formo con las integrantes de otro grupo, que decidieron formar uno en sus barrios y de esa forma poder ayudarse las unas a las otras. El deseo de ellas es ir ayudándose y ayudar a sus familias.
La Sra Justa integrante del comité es comerciante tiene 54 años, es soltera, tiene 4 hijas. Ella tiene una despensa bien surtida, con la cual abastece a sus vecinos del barrio y de otras zonas. Su meta es ir agrandando su negocio y darle mejor comodidad a sus clientes.
Ella solicita el crédito para la compra de panificados, lácteos, frutas, verduras etc. Con lo cual podrá abastecerse y cumplir con 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
  • 91
    View loans »
    Paraguay Loans Fundraising
  • $30,964,825
    Funds lent in using Kiva
  • 4,270.0
    Paraguay Guarani (PYG) = $1 USD

Success!! The loan was 100% repaid

A portion of Nueva Esperanza Group's $3,825 loan helped a member to buy baked goods, dairy, fruit, vegetables and other items.
100% repaid
Repayment Term
6 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Mar 19, 2012
Listed
Apr 22, 2012
Currency Exchange Loss:
Possible
Ended:
Aug 15, 2012