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Esperanza Group
In this Group: Ana Beatriz , Crescencia, Lucia, Saturnina, Josefina, Margarita, Blanca, Benita, Marina, Eva, Leonora, Angelina, Ilda, Arsenia, Epifania, Elisa, Sirley*, Jessica*, Cristina*
* not pictured
La Esperanza Community Bank, formed in the city of Caaguazú, is made up of 19 enterprising, modest, and hardworking women who are looking for a better future for themselves and their children.

Margarita is one of the members. She sells clothing, such as jeans, t-shirts, pants, coats, and other garments. She says she has very good customers because her products are always high quality and well priced.

She is requesting the loan to supply her store with clothing because she wants to stock up, to be able to fill her requests.
View original language description ↓
El comité La Esperanza fue formado en la de la Ciudad de Caaguazú, es integrado por 19 señoras emprendedoras, las mismas son mujeres humildes y trabajadoras que buscan un mejor porvenir para ellas y sus familias.
Margarita es una de las miembros, ella se dedica a la venta de ropas, como ser jeans, remeras, pantalones, abrigos y demás. Cuenta que tiene muy buena clientela ya que sus productos siempre son de muy buena calidad y a buen precio.
Solicita el crédito para surtir su local con prendas, ya que quiere surtirse, pues tiene pedidos con los cuales quiere poder cumplir.

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
  • 135
    View loans »
    Paraguay Loans Fundraising
  • $31,646,450
    Funds lent in using Kiva
  • 4,500.0
    Paraguay Guarani (PYG) = $1 USD

Success!! The loan was 100% repaid

A portion of Esperanza Group's $3,625 loan helped a member to buy clothing.
100% repaid
Repayment Term
6 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
May 30, 2012
Listed
Jun 28, 2012
Currency Exchange Loss:
Covered
Ended:
Oct 15, 2012