Funded

Total loan: $1,250
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La Esperanza Group


A loan of $1,250 helped a member to buy chipas [a traditional Paraguayan food] for the next sale.


La Esperanza Group's story

The "La Esperanza" ["Hope"] women's communal bank started working with the Fundación Paraguaya this year after a loan officer visited them. Thirteen women from the area formed this new group together. These women are very united and hard-working. They have a great desire to work and succeed both individually and as a group. They are working very well as a team within the women's communal bank program. Ursulina, a group member, sells chipas (a traditional Paraguayan food). She says that she has been doing this for some time now, and thanks to this work she has been able to help her family and cover their daily costs. She wants to be able to have her own chipa business one day and thus keep growing. She is requesting this loan for the purchase of chipas to sell, so that she will get even closer to fulfilling her dream.

In this group: Nimia Liz, Nilda, Gladys , Lucia , Lilian , Leonidas , Ursulina , Guillermina , Petrona , Juana , Gabriela , Maria , Pablina
*not pictured

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Translated from Spanish by Kiva volunteer Christine Cooper



Loan details

Loan length:

6 months
Disbursed date: November 22, 2011
Facilitated by Field Partner: Fundación Paraguaya

Lenders and lending teams



Loan details

Loan length:

6 months
Disbursed date: November 22, 2011
Facilitated by Field Partner: Fundación Paraguaya