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Esperanza Group
In this Group: Rocio Almendra, Dora , Gloria , Estanislaa , Lilian , Gregoria , Mirta , Magdalena , Miguela , Elida , Nolberta , Lorenza , Lidia *, Nilda *
* not pictured
This committee came together thanks to one of the members who informed her neighbors about the women’s committee loans. In this way they invited neighbors and girlfriends from their community to become part of it. The committee is currently in the program’s third cycle.

Rocío, 33, is married to Christian and they have three children. Rocío sells purses, athletic shoes, socks and all sorts of things. She comments that her husband helps her in any way he can and she also puts everything of herself into it in order to contribute towards household expenses and thus make everything a little easier. Her personal goal is to establish her business at home and continue growing this way.

She requests the loan to buy purses, athletic shoes, socks and others in order to have more variety available to offer her customers.
View original language description ↓
Este comité se formo por medio de una integrante, quien informo a sus vecinas acerca del crédito de comité de mujeres, de esa manera invitaron a vecinas y amigas de su comunidad a formar parte de ella. El comité actualmente se encuentra en el tercer ciclo del programa.
La Sra. Rocio tiene 33 años, está casada con el Sr Christian, juntos tienen 3 hijos. La Sra Rocio es vendedora de carteras, Champion, Medias, y todo tipo de cosas más, comenta que su marido la ayuda en lo que puede y ella también pone todo de sí, para aportar con los gastos d la casa y de esa forma hacer todo más ligero. Tiene metas personales de construir su negocio en su casa y así seguir creciendo.
Solicita el crédito para la compra de carteras, Champion, Medias, y otros, con lo cual tendrá mayor 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

  • $8,400
    Average annual income
  • 128
    View loans »
    Paraguay Loans Fundraising
  • $31,646,450
    Funds lent in using Kiva
  • 4,433.7
    Paraguay Guarani (PYG) = $1 USD

Success!! The loan was 100% repaid

A portion of Esperanza Group's $2,200 loan helped a member to buy purses, athletic shoes, socks and others.
100% repaid
Repayment Term
6 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Aug 27, 2012
Listed
Sep 24, 2012
Currency Exchange Loss:
Covered
Ended:
Jan 15, 2013