A loan of $4,675 helped a member to buy drinks for her bar.

Nueva Esperanza Group's story

The "Nueva Esperanza" (New Hope) committee was formed as a result of some promotional work that was carried out in their neighborhood. All of the group's members are from the same area. They are acquaintances and neighbors. The aims of each and every member are to work, foster a supportive spirit, and reach the maximum level of the program.

Petrona is the president of this group. She used loans from Fundación Paraguaya to set up a bar in her home. Her business has grown through the hard work that she has put in. Her wish is to continue working with Fundación Paraguaya as their loans have been very helpful to her in terms of opening her bar and enabling her children to finish school and study at college.

Petrona is requesting Fundación Paraguaya and Kiva's help again so that she can stock her bar with all kinds of drinks because she always has a lot of demand and she would like to be able to meet it.

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

Translated from Spanish by Kiva volunteer Linda Oxnard

Loan details

Lenders and lending teams

Loan details