Funded

Total loan: $5,625
Powered by 44 lenders

Nueva Esperanza Group

Paraguay
Luque, Paraguay / Retail

A loan of $5,625 helped a member to buy clothing and shoes.


Nueva Esperanza Group's story

The original contact for this communal bank was one of the members, who invited her friends to form a group and join the women's entrepreneur program so that they could support and strive for their families. Virginia is a merchant, is married to Leo, and has a son. She sells cosmetics, clothing, shoes, and other items.

Virginia's goal is to grow her business and improve her family's quality of life. She is applying for a loan to buy clothing and shoes so that she can keep selling and growing as a small business owner.

In this group: Teofila, Ramona, Virginia, Leonarda, Isidora, Margarita, Gladys, Maria, Rosa, Eulogia, Rocio, Adriana, Maria, Maria, Virgina, Sonia, Maria
*not pictured

Translated from Spanish by



Loan details

Loan length:

6 months
Disbursed date: January 24, 2013
Facilitated by Field Partner: Fundación Paraguaya

Lenders and lending teams



Loan details

Loan length:

6 months
Disbursed date: January 24, 2013
Facilitated by Field Partner: Fundación Paraguaya