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A loan of $2,850 helped a member purchase of merchandise including clothing, jewelry, perfumes, fabric for dressmaking, and herbal remedies.

La Esperanza Group's story

The group "La Esperanza" was formed initially by Josefina V., a resident of Padre Damián neighborhood in the area of Pdte. Franco. Josefina contacted her neighbors and friends in the area to form a group together.

The women of the group are now in their eighth loan cycle with 23 members. As a group, the women stand out in their community because of their solidarity, unity, and responsibility. They work in many different industries, such as selling clothing, jewelry, medicines, food, and the like. Others in the group are working to learn a new trade. In their prior loan cycle, the ladies received individual loans ranging from 300,000 guaranis (approx. $63 USD) to 1,100,000 guaranis (approx. $233 USD), for the purchase of merchandise.

The group members work in the following industries, as follows:
Gladys Zunilda O., Deisy V., and Celina B. sell herbal remedies. Lissa López sells perfumes. Gloria M. sells fruit. Rosalía Benítez sells lottery tickets. Irene González is a seamstress. María M. and María López cook and sell meals. Carmen A., Josefina V., and Gloria Rodríguez run food pantries. Estela T. sells jewelry. Eduarda R. sells hamburgers. Amalia E., Aida G., Graciela Fariña, Susana P., Nilda T., Gloria López, Andrea M., Mirian C., and Norma T. sell clothing.

In this group: Gladyz , Carmen, Josefina , Amalia , Deisy , Aida , Celina , Lisa , Graciela , Gloria , Susana , Rosalia , Irene , Maria , Maria , Gloria , Nilda , Estela , Mirian , Andrea , Eduarda , Gloria , Norma *
*not pictured

Translator profile picture

Translated from Spanish by Kiva volunteer Suzy Marinkovich

Loan details

Lenders and lending teams

Loan details