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La Esperanza Group
In this Group: Tania, Elva, Carolina, Sandra, Deolinda, Marlene, Mirtha, Marian, Bernarda, Elizabeth, Felipa, Rosileide, Lucila, Felicita
The group “La Esperanza” (Hope) was born thanks to one of its members, who invited her friends and neighbors to form this group. It helps them to increase their income and also to continue helping their families.

Ms. Felipa is a businesswoman who sells all kinds of products, for example, cosmetics, clothing, shoes, etc. She is married to Mr. Oscar and they have four children. Felipa states that she has good sales and, since she always has good customers, her business is growing.

She states that she has a good customer base, but that she would like her business to continue to grow. She is applying for a loan in order to buy more cosmetics, clothing, shoes, etc. in order to have a greater variety of products to offer her customers. She is grateful for the opportunity that she is receiving, as it would be of great help, not only for her but also for the other members of the group.
View original language description ↓
El grupo La Esperanza nace gracias a que una de las miembros invito a sus amigas y vecinas para formar un grupo, el cual les ayudará a mejorar sus ingresos y también seguir ayudando a sus familias.
La sra. Felipa es Comerciante, se dedica a la venta de todo tipo de productos, como ser Cosméticos, Ropa, Zapatos, etc . Ella esta casada con el señor Oscar y tienen 4 hijo. Felipa cuenta que tiene muy buenas ventas, ya que siempre da de forma accesible a sus clientes,y con ello esta creciendo. Cuenta que tiene ya una buena clientela, pero que quiere seguir creciendo, es por eso que solicita de este crédito, para poder invertirlo en la compra de Cosméticos, Ropa, Zapatos, y demás, para poder tener mayor variedad que ofrecer a sus clientes. Agradece por la oportunidad que esta recibiendo, ya que le será de mucha ayuda, no solo a ella, sino tambien a sus compañeras.

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
  • 64
    View loans »
    Paraguay Loans Fundraising
  • $29,035,975
    Funds lent in using Kiva
  • 3,962.4
    Paraguay Guarani (PYG) = $1 USD

Success!! The loan was 100% repaid

A portion of La Esperanza Group's $1,950 loan helped a member to buy cosmetics, clothing, and shoes, among other things to sell.
100% repaid
Repayment Term
5 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jan 30, 2013
Listed
Mar 3, 2013
Currency Exchange Loss:
Covered
Ended:
Jun 17, 2013