Funded

Total loan: $3,450
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Nueva Esperanza Group

Paraguay
Ciudad del Este, Paraguay / Clothing Sales

A loan of $3,450 helped a member to buy summer clothing to sell.


Nueva Esperanza Group's story

The communal bank "Nueva Esperanza" is in its seventh cycle and comprised of 15 members. The group is known in its neighborhood for being very united, supportive and responsible. The members are hard-working women who make the maximum effort to help their families.

Tomasa is one of the members. She says the most important thing for her is to give her family everything they need to lead a decent, dignified lifestyle. She sells all kinds of clothing and claims to have developed a solid customer base in the time she has been in business so she has a high sales volume.

She is requesting a loan to buy summer clothing to meet customer demand. She is grateful to the Fundación and Kiva for this opportunity.

In this group: Sara Ramona, Sara, Ramona , Venancia , Gladys , Ester , Rocio , Lidia , Olinda , Oracia , Tomasa , Idalia , Viviana , Blanca *, Reina *
*not pictured

Translator profile picture

Translated from Spanish by Kiva volunteer Sherry Bess



Loan details

Loan length:

5 months
Disbursed date: November 24, 2011
Facilitated by Field Partner: Fundación Paraguaya

Lenders and lending teams



Loan details

Loan length:

5 months
Disbursed date: November 24, 2011
Facilitated by Field Partner: Fundación Paraguaya