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Nueva Esperanza Group
In this Group: Maria Ignacia, Liz , Sully , Catalina , Olga , Cinthia , Blanca , Maria , Maria , Luisa , Blasida , Crispina , Perla , Benita , Tomasa , Antonia , Noelia , Inmaculada , Rosa *, F'atima *, Juana *, Mariza *
* not pictured
The Comité Nueva Esperanza (new hope committee) is from the city of Caaguazú. They are currently in their fourth loan cycle. The group is comprised of humble, hardworking women who fight day-to-day in order to come out ahead. They decided to form a mutually supportive group and to work as a team—so responsibility is a very important factor. Each member has independent work which the Fundación Paraguaya helps support, giving them the opportunity to surmount barriers both personal and familial.

Maria is the president of the group. She makes her living selling electronic equipment, including spare parts for cell phones, radios, and televisions. She also tells us that her husband helps her in the business.

She is requesting this loan in order to buy spare parts for cell phones, radios, and televisions. With these, she will be able to stock up and to satisfy her clients' requests. She is a very active and responsible woman and is grateful to the Fundación Paraguaya for the support that it affords women who want to overcome the obstacles they face.
View original language description ↓
El Comité Nueva Esperanza, es de la Ciudad de Caaguazú, actualmente estan en cuarto ciclo, es un grupo conformado por señoras humildes muy trabajadoras que luchan dia a dia para sobresalir adelante. Ellas decidierón formar un grupo solidario, donde trabajan en equipo donde la responsabilidad es un factor muy importante y cada una posee un trabajo independiente en donde la Fundación Paraguaya les brinda y les da la oportunidad de superacion personal y familiar.
La Presidenta del Grupo es la Sra. Maria, ella se dedica a la venta de materiales electronicos, repuestos para celulares, radios y televisores, nos comenta también que su marido la ayuda en su negocio.
Ella solicita el crédito para la compra de repuestos para celulares, radios y televisores, con lo cual podrá abastecerse y cumplir con los pedidos Es una señora muy activa y responsable y agradece a la Fundación Paraguaya por el apoyo que brinda a las señoras que tienen ganas de superarse.

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
  • 61
    View loans »
    Paraguay Loans Fundraising
  • $27,639,125
    Funds lent in using Kiva
  • 4,290.0
    Paraguay Guarani (PYG) = $1 USD

Success!! The loan was 100% repaid

A portion of Nueva Esperanza Group's $4,650 loan helped a member to buy spare parts for cell phones, radios, and televisions.
100% repaid
Repayment Term
6 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Mar 26, 2012
Listed
Apr 29, 2012
Currency Exchange Loss:
Covered
Ended:
Aug 15, 2012