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Rincon De La Esperanza Group
In this Group: Mercedes, Gilda , Genara , Liduvina , Silvia , Amada , Vicenta , Gladys , Maria , Gladys , Nelida , Monica , Jasmin , Elva , Basilia , Patricia *, Maria *
* not pictured
The “Rincón de la Esperanza” (Corner of Hope) group is a group of hardworking, well organized women who are committed and punctual with their payments. It has 17 women all of which very much want to get ahead and through their work be able to help each other out.

Genara sells beverages. She comments that she has a good clientele because she always has a good variety. Thanks to her good service added to good prices she been able to gradually grow and become well-known. Her goal is to be able to continue growing and earn higher income to be able to help her family.

The loan she’s requesting is to buy wine, beer, soft-drinks, energy drinks and other types of beverages to continue to be well-stocked and to give her customers the wide variety they are accustomed to.
View original language description ↓
El grupo Rincon de la Esperanza es un grupo de señoras luchadoras, bien organizado de ahí el compromiso y la puntualidad en sus pagos. Está integrado por 17 mujeres, todas ellas personas con muchas ganas de salir adelante y por medio de su trabajo poder ayudarse las unas a las otras.
Genara vende bebidas, y comenta que tiene muy buena clientela, ya que siempre tiene muy buena variedad. Gracias a su buena atención y sumado a sus buenos precios ha podido ir creciendo y hacerse conocida. Su meta es poder seguir creciendo y tener mayores ingresos para poder ayudar a su familia.
Ella solicita el crédito para la compra de vinos, cervezas, gaseosas, energizantes y demás tipos de bebidas, con lo que podrá seguir estando bien abastecida y darle la variedad a la que están acostumbrados 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
  • 112
    View loans »
    Paraguay Loans Fundraising
  • $31,595,250
    Funds lent in using Kiva
  • 4,255.0
    Paraguay Guarani (PYG) = $1 USD

Success!! The loan was 100% repaid

A portion of Rincon De La Esperanza Group's $5,225 loan helped a member to buy beverages to sell.
100% repaid
Repayment Term
6 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Mar 27, 2012
Listed
Apr 26, 2012
Currency Exchange Loss:
Covered
Ended:
Aug 15, 2012