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La Esperanza Group
In this Group: Eva Nilza, Carmen , Josefa , Ramona *, Angelina , Mirna , Epifania , Benita , Maria , Nelda , Maria , Maria *
* not pictured
The committee is called “La Esperanza” (Hope). They are in their first cycle with 12 members. It’s a group that stands out in the neighborhood for being very united and responsible; they help each other out and this makes their work easier.

Carmen sells cosmetics and she comments that she already has a well-established clientele who always buys from her because she has very good products at low prices. Her goal is to be able to have a great store to sell all the products she has and then some there. She defines herself as a very hardworking person who very much wants to become someone in life.

Carmen is asking for the loan to buy cosmetics of varied brands so that she can continue to offer her customers good quality as well as good variety.
View original language description ↓
El comité se denomina “La Esperanza” están en el Primer Ciclo con 12 integrantes, es un grupo que se destaca en el barrio por ser muy unidas y responsables, se ayudan las unas a las otras y de esa forma hacen que el trabajo es más fácil.
Carmen vende cosméticos y comenta que ya tiene una clientela bien formada, que siempre compra de ella, ya que tiene muy buenos productos y a bajo costo. Su meta es poder tener una gran tienda y allí ofrecer todos los productos que tiene y más. Ella se define como una persona muy trabajadora y con muchas ganas de ser alguien en la vida.
Carmen solicita el crédito para la compra de cosméticos de variadas marcas, para que de esa forma pueda seguir ofreciendo buna calidad a sus clientas, además de buena variedad.

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
  • 55
    View loans »
    Paraguay Loans Fundraising
  • $27,485,400
    Funds lent in using Kiva
  • 4,290.0
    Paraguay Guarani (PYG) = $1 USD

Success!! The loan was 100% repaid

A portion of La Esperanza Group's $1,550 loan helped a member to buy cosmetics to sell.
100% repaid
Repayment Term
5 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Mar 23, 2012
Listed
Apr 24, 2012
Currency Exchange Loss:
Covered
Ended:
Jul 15, 2012