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La Esperanza Group
In this Group: Eulalia Carolina, Karen , Maria, Liz , Vicenta , Maria , Natividad , Liz , Delia , Cinthia , Marina , Sofia *, Natalia *
* not pictured
The contact person who started this existing committee is Sra. Karen. She invited and organized her friends to join the Committee of Women Entrepreneurs Program. This group emerged with the name "La Esperanza" (The Hope) and consists of 13 women from the city of Luque.

Sra. Karen sells beverages. She is married to Sr. Sebastian and they have one child who is still very young. Karen says that she is doing very well in her business because she is always well-stocked. As a result, she has many customers. She sells her products on the weekends and on fair days. Karen says that she hopes to acquire enough inventory for her business to open a store. The loan she is requesting will be used to buy beverages such as sodas, wines, beer, energy drinks, and other products so that she can restock and offer her customers the variety to which they are accustomed to having.

View original language description ↓
El contacto para el inicio del presente comité fue la señora Karen quién invito y organizo a sus amigas para formar parte del programa Comité de Mujeres Emprendedoras, de esa union surge el grupo la Esperanza integrado por 13 mujeres de la ciudad de Luque.
La Sra.Karen se dedica a la venta de bebida, ella esta casada con el señor Sebastian con quien tiene 1 hij, quien aun es muy pequeño. Comenta que le va muy bien en su negocio, ya que lo tiene bien surtido siempre y por eso tiene muchos clientes. Los días que mas venta tiene son los fines de semana y dias feriados, nos comenta que tiene como meta surtir el negocio para formar una despensa.
Ella solicita el crédito para la compra de bebidas, como ser gaseosas, vinos, cervezas, energizantes y demás tipo, con lo que podrá suurtirse y ofrecer a sus clientes la variedad a la que estan acostumbrados.

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
  • 58
    View loans »
    Paraguay Loans Fundraising
  • $33,587,225
    Funds lent in using Kiva
  • 4,300.0
    Paraguay Guarani (PYG) = $1 USD

Success!! The loan was 100% repaid

A portion of La Esperanza Group's $2,225 loan helped a member to buy sodas, wines, beer, energy drinks, and other beverages.
100% repaid
Repayment Term
6 months (Additional Information)
Repayment Schedule
Apr 20, 2012
May 29, 2012
Currency Exchange Loss:
Sep 15, 2012