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Nuevo Horizonte Group
In this Group: Graciela, Miguela, Andrea, Emilce, Lucia, Francisca, Lucy, Liz, Natividad, Martia, Maria, Carolina, Nelly, Daisy, Maria*
* not pictured
This existing committee is in its seventh loan cycle. They are able to say that they are a very responsible group since all of the members have business activities.

Sra. Graciela is one of the members. She engages in several activities, such as preparing food and selling clothes on the weekends. Graciela is a single mother who supports her children through her work. In a few words, one could say that she is an example for the other members. Sra. Graciela strives on behalf of her children because she wants to give them everything that she did not have. One day she hopes that they will become good people.

Graciela is requesting a loan so that she can buy articles of clothing to sell. This will enable her to continue working and moving forward. She is very grateful for the opportunity that she has received since it will help her to grow.

View original language description ↓
El presente comité se encuentra, en su séptimo ciclo. Podemos decir que el grupo es muy responsable, todas las integrantes tienen actividades. La Sra. Graciela es una de las miembros, ella se dedica a varias actividades como por ejemplo, venta de comidas, de ropa los fines de semana. Ella es una madre soltera que mantiene a sus hijos con su trabajo. En pocas palabras podemos que es un ejemplo para las demás integrantes.
La Sra. Graciela lucha por sus hijos, ya que quiere darles todo lo que ella no pudo tener, y que el día de mañana sean personas de bien.
Solicita de este crédito para poder comprar prendas, las cuales venderá y seguirá trabajando y saliendo adelante. Esta muy agradecida por esta oportunidad que recibe, que le ayudara a poder crecer.

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
  • 60
    View loans »
    Paraguay Loans Fundraising
  • $33,622,500
    Funds lent in using Kiva
  • 4,182.5
    Paraguay Guarani (PYG) = $1 USD

Success!! The loan was 100% repaid

A portion of Nuevo Horizonte Group's $3,450 loan helped a member to buy articles of clothing to sell.
100% repaid
Repayment Term
6 months (Additional Information)
Repayment Schedule
Dec 18, 2012
Jan 17, 2013
Currency Exchange Loss:
Apr 17, 2013