A loan of $4,325 helped a member to buy beauty products to sell.

Nueva Esperanza Group's story

The "Nueva Esparanza" (New Hope) communal bank began in the city of San Ignacio. It is made up of 14 women, all friends and neighbors in this city. The goal of each one of them is to work, develop a united spirit, and arrive at the highest level of the program, with the support of Fundación Paraguaya.

Señora Petrona is the president of the group. She sells beauty products, and in her free time she works at the confectionery and sells throughout the neighboring zones. Her desire is to continue working and in this way be able to continue helping her family with the day to day expenses.

She is applying for the loan to purchase beauty products such as lipstick, powders, makeup, bases, and other types, with which she will be able to stock up and fill the orders that she has.

In this group: Petrona Regalada , Digna , Maria , Mirta , Maria , Luisa , Fátima , Deysi , Miryan , Natividad , Justina , Mirna , Damacia , María
*not pictured

Translated from Spanish by Kiva volunteer Pam McMurry

Loan details

Lenders and lending teams

Loan details