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Esperanza Group
In this Group: Gladyz, Viviana, Lilian, Rosalba, Evarista, Brigida, Wilma, Myrian, Cynthia, Cendula, Carmen, Herminia, Teresa, Tarciana, Gloria, Luciana*, Maria*
* not pictured
The group called "Esperanza" (Hope) is in its 22nd loan cycle with the Women's Committee Program. All of the women have put forth their best effort in each of the loan cycles so that they can improve their lives and those of their families.

One decent individual worth mentioning is Sra. Gloria, who works as a hairdresser. She says that she was able to establish a good clientele because she provides good service to all of her customers. Gloria also makes all types of clothes for her customers in order to support herself. Her dream is to have a large workshop so that she can provide jobs to other people who also need to work and move forward.

Gloria is requesting a loan because she wants to buy fabrics, thread, buttons, elastic, and other supplies in order to keep working and fulfilling orders for her customers. In addition, she can keep improving her income.
View original language description ↓
El grupo llamado Esperanza está en su ciclo número 22 del programa de comité de mujeres, donde todas y cada una de estas mujeres está poniendo su mejor esfuerzo en cada ciclo por mejorar sus vidas y las de sus familias.
Una persona digna de destacar es la Sra. Gloria, quien se dedica a la peluquería, comenta que ya se pudo hacer de muy buena clientela, debido a que da muy buen servicio a todos sus clientes. Ella les hace a sus clientes todo tipo de confecciones y es así que se gana la vida. Su sueño es poder tener un taller amplio donde dar trabajo a otras personas que al igual que ella necesiten trabajar y salir adelante.
Pide este préstamo ya que quiere comprar telas, hilos, botones, gomas y demás insumos para seguir trabajando y cumpliendo con los pedidos de sus clientes, además de seguir mejorando sus ingresos.

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
  • 17
    View loans »
    Paraguay Loans Fundraising
  • $29,459,275
    Funds lent in using Kiva
  • 4,431.8
    Paraguay Guarani (PYG) = $1 USD

Success!! The loan was 100% repaid

A portion of Esperanza Group's $6,375 loan helped a member to buy fabrics, thread, buttons, elastic, and other supplies.
100% repaid
Repayment Term
6 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Oct 17, 2013
Listed
Nov 24, 2013
Currency Exchange Loss:
Possible
Ended:
Mar 17, 2014