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Rincon De La Esperanza Group
In this Group: Genara, Gilda, Liduvina, Silvia, Gladys, Maria, Nelida, Jasmin, Elva , Basilia, Maria, Anastacia, Crecencia, Liz*, Esmilda*, Amada*
* not pictured
The women of the communal bank RINCON DE LA ESPERANZA are an old group that continues growing stronger through the years and fighting against the difficulties that moving ahead entails. The members of the group are fighters and very responsible, hardworking, and tireless. Crecencia, one of the members, sells lingerie, and says that she has had very good clientele, as she has very good lingerie at a very good price. She has great ability for sales, and so, plus her effort, is making her way. She is a person with great desires to grow and to help her family through her work. She requests this loan to purchase lingerie, both for me nad for women, and therefor continue giving good quality to her customers.
View original language description ↓
Las mujeres del comité RINCON DE LA ESPERANZA es un grupo antiguo que tras los años va fortaleciéndose y luchando contra las dificultades que conlleva sacar adelante el grupo son sras muy luchadoras y responsables, trabajadoras incansables.
Crecencia, una de las miembros vende lencería, y cuenta que se ha hecho de muy buena clientela, pues tiene lencerías muy buenas y a muy buen precio. Ella tiene muy buena habilidad para las ventas y así, sumado a su esfuerzo se está abriendo camino. Es una persona con grandes ansias de crecer y ayudar a su familia por medio de su trabajo.
Solicita de este crédito para la compra de lencerías, tanto para hombres como para mujeres y así seguir dando buena calidad a sus clientes.

Additional Information

About Fundación Paraguaya

Fundación Paraguaya is a financially self-sustaining social enterprise that promotes entrepreneurship in urban and rural areas through microfinance, education programs, and more. Its focus on agriculture has helped many farmers boost their crop yields. And a number of other borrowers have taken out loans to start and grow social businesses that have helped deliver eyeglasses, medicines and other helpful services in their local communities.

This is a Group Loan

In a group loan, each member of the group receives an individual loan but is part of a larger group of individuals. The group is there to provide support to the members and to provide a system of peer pressure, but groups may or may not be formally bound by a group guarantee. In cases where there is a group guarantee, members of the group are responsible for paying back the loans of their fellow group members in the case of delinquency or default.

Kiva's Field Partners typically feature one borrower from a group. The loan description, sector, and other attributes for a group loan profile are determined by the featured borrower's loan. The other members of the group are not required to use their loans for the same purpose.

About Paraguay

  • $8,400
    Average annual income
  • 81
    View loans »
    Paraguay Loans Fundraising
  • $35,137,850
    Funds lent in using Kiva
  • 4,460.0
    Paraguay Guarani (PYG) = $1 USD

Success!! The loan was 100% repaid

A portion of Rincon De La Esperanza Group's $4,325 loan helped a member to purchase lingerie for sale.
100% repaid
Repayment Term
6 months (Additional Information)
Repayment Schedule
Oct 31, 2012
Nov 22, 2012
Currency Exchange Loss:
Mar 15, 2013