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La Esperanza Group
In this Group: Karen Leticia, Eulalia, Maria, Vicenta, Maria, Natividad, Liz, Marina, Sofia, Natalia, Liliana, Erotida, Karina, Silvia, Gloria, Angelica*, Elsa*
* not pictured
There are 17 women in this group. They are from the city of Luque and have come together to continue striving for their children. The group is called La Esperanza [Hope], because these women have placed their hopes in this group.

Karen earns a living selling beverages. She's married to Sebastián; they have one child and are about to welcome the next member of their family.

She requested the loan to buy beverages because she wants to continue selling and working to continue growing.

Karen's goal is to stock her business to form a general store or a grocery store because selling beverages earns good profits.
View original language description ↓
17 son las mujeres de este grupo, ellas son de la ciudad de Luque, y se han unido con la razón de seguir luchando por sus hijos, el grupo lleva por nombre La Esperanza, ya que estas mujeres tienen las esperanzas puestas en este grupo.
La Sra. Karen se dedica a la venta de bebidas esta casada con el señor Sebastian, tienen 1 hijo, y esta a punto de recibir al próximo integrante de la familia. Ella solicitó el crédito para la compra de bebidas, ya que quiere seguir vendiendo y trabajando para seguir creciendo. Karen tiene como meta surtir el negocio para formar una despensa o bodega ya que dedicarse a la venta de bebidas tiene una buena ganancia

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
  • 47
    View loans »
    Paraguay Loans Fundraising
  • $30,204,950
    Funds lent in using Kiva
  • 4,260.0
    Paraguay Guarani (PYG) = $1 USD

Success!! The loan was 100% repaid

A portion of La Esperanza Group's $3,250 loan helped a member to buy beverages.
100% repaid
Repayment Term
6 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Nov 27, 2012
Listed
Dec 23, 2012
Currency Exchange Loss:
Covered
Ended:
Apr 17, 2013