The group “La Esperanza” (Hope) is currently in its 4th loan cycle. The group was formed over a year ago and works with Fundacion Paraguaya. They are asking for a loan of approximately 500.000 Gs [each] and they will use the money to expand the work they are already doing, like: buying fabric, buying ingredients to make prepared food, buying milk, sugar, tea, flour, salt, baked items, and vegetables for resale, buying and selling drinks like soda, beer, wine, etc. They will double their efforts to earn more income and diminish their household needs.
Lilian F. sells cosmetics.
Zulma I. sells fruits and vegetables
Maria Irene B. has a general store.
Petrona R. sells general merchandise
Maria Isabel A. sells handicrafts and other goods.
Nilda R. sells food.
Teodora D. has an ice cream shop.
Nelida de B. sells fruits and vegetables.
Diana F. sells cosmetics.
Sindia L. sells general merchandise
Susana Faría sells fruits and vegetables
Mirtha F. sells inflatable toys.
Blanca V. sells toys
Marlene Bordón sells chipas (a corn and cheese bread)
Maria C. sells cleaning products.
Alicia F. sells cosmetics.
Faustina S. sells food.
Maria Zunilda M. sells sweets and candy.
El comité “La Esperanza”cumple actualmente su 4to ciclo es decir tiene mas de un año de formacion y trabajo con la Fundación Paraguaya , retiran un crédito promedio de 500.000 Gs y lo utilizaran para ampliar lo que ya estan realizando como ser: la compra de tela , compra de insumos para la fabricacion de comestibles, compra de leche azucar,yerba,harina,sal panificados y verduras para su posterior venta,compra venta de bebidas como refrescos , gaseosas ,cervezas, vinos etc. Se ezfuerzan el doble para conseguir mas ingresos y asi disminuir las necesidades del hogar.
Lilian F. Vta de cosméticos
Zulma I. Vta de frutas y verduras
Maria Irene B. Despensa
Petrona R. Vta de merceria
Maria Isabel A. Vta de artesanias y merceria
Nilda R. Vta de comestibles
Teodora D. Heladeria
Nelida de B. Vta de frutas y verduras
Diana F. Vta de comestibles
Sindia L. Vta de mercaderias varias
Susana Faría Vta de frutas y verduras
Mirtha F. Vta de juguetes inflables
Blanca V. Vta de juguetes
Marlene Bordón Vta de chipas
Maria C. Fca y venta de productos de limpieza
Alicia F. Vta de cosméticos
Faustina S. Vta de cosmetibles
Maria Zunilda M. Vta de dulces
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.