100%

funded

Total loan: $4,525

Sol Naciente Group

Luque, Central, Paraguay / Retail

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A loan helped to buy cleaning products, meat, vegetables, fruit, and other products.


Sol Naciente Group's story

The Sol Naciente communal bank was formed by friends and neighbors from the city of Luque. All of the women in the group are focused on personal development and growing their businesses. They are participating in a poverty elimination program.

Rita is one of the group members who runs a small store from her home. She says her business allows her to support her family and provide them with a good quality of life. Rita also says that after modest beginnings, her business has continued to grow and expand its product range which has helped her to develop a strong customer base.

However, due to the COVID-19 pandemic, Rita has not been able to work normally, and her sales have suffered a downturn. Despite this, she has not given up and continues to work to improve her life.

She is applying for a loan to buy cleaning products, meat, vegetables, fruit, and other products in order to maintain her sales.

Note: Although only one person appears in the photo, this is a group loan. Due to the restrictions related to the COVID-19 pandemic it was not possible to have a group gathering.