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Esperanza Group
In this Group: Gloria Lucia, Ana , Matilde , Angela , Bernardina , Carmen , Casilda , Maria , Alejandra , Catalina , Gregoria , Catalina , Sofia , Mirtha , Nelly , Natalia , Andrea , Felicia *
* not pictured
Hope is a group formed by 18 women from city of Luque, all of them are friends and neighbors of that city, who joined forces with the aim of helping their families. They are currently in the fifteenth cycle of the training program of committee and want to be able to keep on growing together.

Angela is one of the members, she is 44 years of old, married to the Juan who is bricklayer, and they have 5 children and because of them, they work hard day by day. She has a well-stocked store, in which she works every day and thanks to which she can help her family and give them what they need.

Angela requests the loan to purchase milk, bread, vegetables, etc. with which she could supply her business.
View original language description ↓
Esperanza es el grupo formado por 18 mujeres de la ciudad de Luque, todas ellas son amigas y vecinas de esa ciudad, quienes se unieron con el objetivo de poder ayudar a sus familias. Actualmente se encuentran en el decimo quinto ciclo del programa de comité y desean poder seguir creciendo juntas.
La Sra Angela es una de las miembros, ella tiene 44 años de edad, está casada con el Sr Juan quien es Albañil de Obras, juntos tienen 5 hijos, por quienes luchan día a día. Ella tiene una despensa bien surtida, en la que trabaja todos los días, y gracias a la cual puede ayudar a su familia y darles lo que necesita.
La Sra. Angela solicita el préstamo para invertirlo en la compra de lácteos, panificados, verduras, etc. Con lo que podrá surtir su negocio.

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
  • 54
    View loans »
    Paraguay Loans Fundraising
  • $29,502,975
    Funds lent in using Kiva
  • 4,320.0
    Paraguay Guarani (PYG) = $1 USD

Success!! The loan was 100% repaid

A portion of Esperanza Group's $5,625 loan helped a member to purchase milk, bread, vegetables, etc.
100% repaid
Repayment Term
6 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Apr 23, 2012
Listed
May 27, 2012
Currency Exchange Loss:
Covered
Ended:
Sep 15, 2012