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La Esperanza Group
In this Group: Olga , Otilia , Francisca , Hilaria , Betina , Pascuala , Estela , Corina , Julia , Graciela
The “La Esperanza” (Hope) committee is in its second cycle with ten members. The group began with unity and mutual support among the members who have economic activities and are very hardworking. This group is made up of indigenous women.

Olga is group president. She comments that she raises barnyard animals to sell like chickens and pigs. She comments that it’s very demanding work because she must care for her animals all day. She’s a very hardworking, enterprising person who always strives to the maximum to be able to help her family.

Olga is asking for a loan to buy animal feed for her animals because she wants to have a good stock of it.
View original language description ↓
El comité “La Esperanza” Actualmente se encuentra en el segundo ciclo, con diez integrantes. El grupo empezó, demostrando unión y solidaridad entre las compañeras; quienes poseen actividad económica y son muy trabajadoras. Este grupo está integrado por mujeres indígenas.
Olga es la presidenta del grupo, y ella comenta que se dedica a la cría y venta de animales de corral, como ser gallinas y cerdos. Comenta que es un trabajo muy sacrificado ya que es un trabajo de tiempo completo, pues todo el día está pendiente de sus animales. Ella es una persona muy trabajadora y emprendedora que siempre se esfuerza al máximo para poder ayudar a su familia.
Olga solicita el crédito para la compra de balanceados para sus animales, ya que quiere tener un buen stock de ellos.

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
  • 70
    View loans »
    Paraguay Loans Fundraising
  • $30,816,725
    Funds lent in using Kiva
  • 4,480.0
    Paraguay Guarani (PYG) = $1 USD

Success!! The loan was 100% repaid

A portion of La Esperanza Group's $1,275 loan helped a member to buy animal feed.
100% repaid
Repayment Term
9 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
May 23, 2012
Listed
Jun 22, 2012
Currency Exchange Loss:
Covered
Ended:
Jan 15, 2013