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La Esperanza Group
In this Group: Felipa, María, Teresa, Ayelen, Florencia, Librada, Carolina, Gloria, Rosa, Sonia, Johana, Rocío, Cornelia, María, María, Ana, Elena, Carmen*, Esmelda*, Aurora*, Amada*
* not pictured
La Esperanza Group is in its fifth loan cycle in the women's bank program. All the members are receiving training to be able to grow, improve their living conditions, and better manage their loans.

Cornelia's one of the members. She's a very hardworking and self-sacrificing woman who starts her work day very early. She said she sells a variety of dishes that she makes herself and that her customers like a lot. She's well known for her tasty delicacies.

Cornelia's requesting this loan to buy meat, condiments, vegetables, and other ingredients to keep on making her dishes.

She's grateful for this opportunity, which is going to be a big help to her.
View original language description ↓
El grupo La Esperanza; está en su ciclo número 5 del programa de comité de mujeres, donde todas ellas están recibiendo las capacitaciones para poder crecer e ir mejorando sus condiciones de vida, y también para poder tener un mejor manejo de sus préstamos.
Una de las integrantes es la Sra. Cornelia, una mujer muy trabajadora, que todos los días empieza su jornada desde muy tempranas horas. Es una mujer muy sacrificada, y comenta que se dedica a la venta de comidas varias que ella misma hace y que gusta mucho a sus clientes. Es muy conocida por sus delicias que gustan mucho. Pide este préstamo para poder comprar insumos para seguir haciendo sus comidas, como ser carnes, condimentos, hortalizas y demás.
Agradece por la oportunidad que está recibiendo que le será de mucha ayuda.

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.

Tags

About Paraguay

  • $4,555
    Average annual income
  • 75
    View loans »
    Paraguay Loans Fundraising
  • $30,204,950
    Funds lent in using Kiva
  • 4,454.3
    Paraguay Guarani (PYG) = $1 USD

Success!! The loan was 100% repaid

A portion of La Esperanza Group's $3,900 loan helped a member to buy meat, condiments, vegetables, and other ingredients.
100% repaid
Repayment Term
6 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jan 29, 2014
Listed
Feb 25, 2014
Currency Exchange Loss:
Possible
Ended:
Jun 17, 2014