A loan of $2,175 helped a member to purchase merchandise.

Esperanza Group's story

This committee was formed in Caaguazú, when Emerita Quiñonez invited a group of women to come together when she learned about the Women’s Entrepreneurship program. She gathered 17 women, all of whom were enthusiastic about working together to take out a loan to improve their businesses. All of the women already had jobs, as venders of clothing, shoes, jewelry, fruits and vegetables. They decided to use their loan to invest further in their businesses, and received between PYG1,200,000 and PYG300,000 each depending on the size of their business. They used their loans to buy sugar, meat, flour, eggs, noodles, cheese, candy, and clothing, including jeans, shirts, skirts, lingerie. They share a common goal to improve their businesses and their lives, for themselves and for their families.

In this group: Emerita, Inocencia, Rafaela, Fidela, Bruna Wilfrida, Victoriana, Ramona, Maria Petrona, Carlina, Maria Estela, Ida Elizabeth, Celia, Maria Lucia, Liz Rosana, Luz Marina, Mirta Estela, Marta Colman

Loan details

Lenders and lending teams

Loan details