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La Esperanza Group
In this Group: Bernardina, Zully, Sandra, Olga, Rogelia, Sixta*, Marcelina, Mirtha, Numidia*, Ceferina, Gladys, Norma, Juana, Eva, Angela
* not pictured
The CME, La Esperanza, is located in the San Francisco neighborhood in the city of Yaguaron, 15km from the city of Paraguari. It is currently in the fifth cycle of the program and is highly qualified. Of the 15 women who make up the group, 12 are already receiving a loan in the amount of 1,000,000 Gs.

These women are housewives but also run their microbusinesses in order to generate more income for their families. Bernardina is a traveling saleswoman, selling different types of merchandise, particularly clothes and household items. Zully sells fruits and vegetables, and Sandra O. and Eva S. are domestic employees who are planning to also become saleswomen.

Olga A. is a seamstress, making different kinds of dresses and office uniforms. Rogelia sells cheese, eggs and corn flour. Sixta sells delicious fast food that she makes herself, while Marcelina is an excellent hairdresser.

Mirtha E. sells cleaning products that she makes herself. Her main customers are neighbors from her neighborhood. Numidia R., Gladys Chavez and Angela E. all sell food. Finally, Ceferina has a lovely kiosk, Norma Benitez has a bakery, and Juana R. sells ice cream and fast food.

All of these women want to thank the Fundacion Paraguaya for the opportunity it gives them to increase their capital, their income, and finally to improve the quality of life for their families.

View original language description ↓
El CME La Esperanza se encuentra en el Barrio San Francisco de la ciudad de Yaguarón distante a 15Km de la ciudad de Paraguarí. Actualmente se encuentran en el quinto ciclo del programa con una calificación excelente, de las 15 mujeres quienes integran el grupo 12 de ellas están accediendo ya a un crédito de Gs. 1.000.000.

Estas señoras son amas de casa y llevan además adelante sus microempresas para poder generara mayores ingresos a sus familias. Bernardina es vendedora ambulante, ella vende distintos tipos de mercaderías especialmente ropas y cosas para el hogar; Zully vende frutas y verduras y Sandra O. y Eva S. son empleadas domésticas que tienen pensado dedicarse en paralelo a sus actividades a la venta.

Olga A. es costurera y realiza distintos tipos de vestidos y uniformes para oficinas; Rogelia vende queso, huevos y harina de maíz. Sixta vende deliciosas comidas rápidas que ella misma prepara mientras que Marcelina es una excelente peluquera.

Mirtha E. vende productos de limpieza que ella misma elabora, sus principales clientes son sus vecinos de barrio; Numidia R. posee una despensa que ella misma administra al igual que Gladys C. y Ángela E.. Por último tenemos a las señoras Ceferina que tiene un bello kiosco, Norma B. que tiene una panadería y Juana R. que se dedica a la venta de helados y comidas rápidas.

Todas estas mujeres agradecen a la Fundación Paraguaya por la oportunidad que les da para aumentar su capital de trabajo, mejorando sus ingresos y por ende la calidad de vida de sus respectivas familias.

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
  • 54
    View loans »
    Paraguay Loans Fundraising
  • $33,531,000
    Funds lent in using Kiva
  • 3,990.0
    Paraguay Guarani (PYG) = $1 USD

Success!! The loan was 100% repaid

A portion of La Esperanza Group's $3,525 loan helped a member to purchase meat, drinks, baked goods, cooking oil, pasta, rice, flour, dairy products, fruits and vegetables in general, yeast, chemicals to make cleaning products, ingredients for making ice cream, sugar, etc.
100% repaid
Repayment Term
6 months (Additional Information)
Repayment Schedule
Oct 16, 2008
Oct 1, 2008
Currency Exchange Loss:
Mar 16, 2009