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La Esperanza Group
In this Group: Guillermina, Dominga , Mirian , Adelaida , Rosalina , Claudelina , Ilda , Paola , Digna , Liliana , Hilda , Claudia , Mercedes , Reinilda , Elodia
The 15 women who form the Esperanza Group are in their fifth loan cycle; and thanks to their work they are getting ahead. They struggle to provide everything they can for their families.

Adelaida is a very hard-working person who wants to get ahead, and that is why she works so hard. She sells all kinds of cosmetics and has a good customer base because of her kindness and quality products.

Adelaida is requesting help to buy cosmetics and continue working in order to have the means to keep supporting her family. She also wants to grow as a small business owner.
View original language description ↓
15 mujeres forman el grupo llamado la Esperanza, están el 5to. Ciclo, y es gracias a su trabajo que están saliendo adelante. Ellas luchan por salir adelante y de esa forma también dar todo lo que pueden a sus familias.
Adelaida es una persona muy trabajadora, que desea salir adelante, es por eso que siempre se esfuerza tanto.
Ella vende cosméticos de todo tipo y ya tiene muy buena clientela, ya que es muy amable y siempre le da buena calidad a sus clientas.
Adelaida pide esta ayuda para poder comprar cosméticos, y así seguir trabajando y así tener los medios para seguir ayudando a su familia y también crecer como microemprendedora.

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
  • 69
    View loans »
    Paraguay Loans Fundraising
  • $28,811,550
    Funds lent in using Kiva
  • 4,459.9
    Paraguay Guarani (PYG) = $1 USD

Success!! The loan was 100% repaid

A portion of La Esperanza Group's $3,475 loan helped a member to buy cosmetics to sell.
100% repaid
Repayment Term
11 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Sep 20, 2012
Listed
Oct 17, 2012
Currency Exchange Loss:
Covered
Ended:
Jul 17, 2013