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Nueva Esperanza Group
In this Group: Adalis , Ana Griselda, Alicia, Hilda, Luciana, Lorenza, Liz Mabel, Fanny, Gladys, Doralicia, Pelagia, Maria Rossana, Crecencia
Nueva Esperanza is the group formed in the city of Caacupé, where all of the members are friends and neighbors and they try always to help each other and overcome obstacles. Adalis, the president, sells all types of clothing such as jeans, t-shirts, jackets, coats and more. Thanks to her effort and work she is getting ahead and helping her family. She is requesting a loan in order to buy winter clothing, as she could continue having a good variety to offer her customers.
View original language description ↓
Nueva Esperanza es el grupo formado en la ciudad de Caacupé, donde todas las miembros son amigas y vecinas y tratan siempre de ayudarse y superar sus obstáculos.
Adalis, la presidenta, vende todo tipo de prendas, como ser jeans, remeras, camperas, abrigos y demás. Es gracias a su esfuerzo y trabajo está saliendo adelante y ayuda a su familia.
Solicita el crédito para la compra de prendas de invierno, ya que con ello podrá seguir teniendo buena variedad que ofrecer a sus clientes.

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
  • 58
    View loans »
    Paraguay Loans Fundraising
  • $27,639,125
    Funds lent in using Kiva
  • 4,360.0
    Paraguay Guarani (PYG) = $1 USD

Success!! The loan was 100% repaid

A portion of Nueva Esperanza Group's $2,650 loan helped a member to buy clothes to sell.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jun 26, 2012
Listed
Jul 29, 2012
Currency Exchange Loss:
Covered
Ended:
Jan 15, 2013