Funded

Total loan: $1,025
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Nueva Esperanza Group


A loan of $1,025 helped a member to buy a mixer and a kneading machine.


Nueva Esperanza Group's story

This group is in its first cycle: essentially, they are following the steps to qualify for the first cycle.

Ms. Olga B. is a member of this group. She is 40 years old and has one son. She runs a small bakery in her house, on top of selling quiniela (football pools) in her house at the request of her customers.

Her husband works with her: his task is to prepare the bakery products she then serves to their customers. Her house, located in Zeballos Cue, is not very big, therefore she is saving in order to succeed in building an extra room for her shop.

The loan she is requesting will be used to buy tools for her bakery: a mixer and a kneading machine.

Note: There are several extra people in the photo since some of the women were accompanied by their daughters the day the photo was taken.

In this group: Olga, Lourdes, Maria, Benigna, Blanca , Maria, Aquilina, Francisca, Mirna, Maxima , Lilian, Catalina, Cipriana, Gloria, Laura
*not pictured

Translator profile picture

Translated from Spanish by Kiva volunteer Emanuela Villa



Loan details

Loan length:

5 months
Disbursed date: May 25, 2010
Facilitated by Field Partner: Fundación Paraguaya

Lenders and lending teams



Loan details

Loan length:

5 months
Disbursed date: May 25, 2010
Facilitated by Field Partner: Fundación Paraguaya