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Fe Y Esperanza Group
In this Group: Isabel, Gerarda, Sixta, Flavia, Rosa, Casilda, Gladys, Juliana*, Alba*, Sonia, Rosalva, Ana, Blanca*, Ady, Estela
* not pictured
The group called "Fe y Esperanza" (Faith and Hope) is in its first loan cycle. The members are learning to work together. They want to grow to be able to help their families through their work, since they don't want them to experience the needs that they experienced.

Señora Isabel is the president of the group. She is a beautician and manicurist. She is the mother of two daughters who are already independent. She lives with her husband in their own house. She attends the meetings of her group and works in solidarity with her fellow group members and constantly motivates them so that everyone works with effort and enthusiasm.

Señora Isabel's loan is for the purchase of beauty supplies such as dyes, shampoo, rinses, creams, and other items to increase her variety, which will help her to work out her business plan and increase her income and her customer base.
View original language description ↓
El grupo denominado Fe y Esperanza está en el primer ciclo ellas están aprendiendo a trabajar juntas, quieren crecer para poder ayudar a sus familias por medio de su trabajo, ya que no quieren que pasen por necesidades como las que ellas pasaron.
La Sra. Isabel es la presidenta del grupo, ella es peluquera y manicurista, es madre de 2 chicas, ya independientes, vive con su marido en casa propia, asiste a las reuniones de su comité, trabaja solidariamente con sus compañeras y las motiva constantemente para que todas trabajen con esfuerzo y entusiasmo.
La Sra. Solicita este crédito para la compra de insumos de peluquería como ser tintes, shampoo, enjuagues, cremas y demás para aumentar su variedad, lo que le ayudará a concretar su plan de negocio, y aumentar su ingreso y 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
  • 129
    View loans »
    Paraguay Loans Fundraising
  • $31,646,375
    Funds lent in using Kiva
  • 4,186.8
    Paraguay Guarani (PYG) = $1 USD

Success!! The loan was 100% repaid

A portion of Fe Y Esperanza Group's $2,800 loan helped a member to buy dyes, shampoo, rinses, creams, and other items.
100% repaid
Repayment Term
5 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Apr 23, 2013
Listed
May 21, 2013
Currency Exchange Loss:
Covered
Ended:
Aug 17, 2013