Funded

Total loan: $2,550
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Almada Group

Paraguay
Caacupe, Paraguay / Home Products Sales

A loan of $2,550 helped a member buy sugar, flour, pasta, baked goods, oils and dairy products.


Almada Group's story

These ladies are from the “Compañía Almada” in the city of Caacupe.

Most of these women are artisans who work out of their homes. They make many types of rubber articles, such as planters, rugs, and many other things. Prior to their involvement with the women’s committee, they had been working at smaller scales. This is why, since they became part of the “Committee for Entrepreneurial Women,” there exists a sense of belonging and a desire to continue to fulfill the foundation’s requirements which allow them to receive capital to satisfy their needs and invest in their small businesses. The businesses brings income into their families. They are grateful for the wonderful opportunity that the foundation gives them and each day they hope to further themselves and acquire experience within the program and meet their obligations as associates.

One of the associates, Eliana, runs her business out of her home and also attends to the household tasks. She tells us that the revenue from her business helps feed her family, so she wants to continue working and maintaining her business, in order to continue providing this important help to her family. She requested this loan to buy the items she sells in her business, namely all the basic foods a family needs.

In this group: Eliana, Luz , Lina , Mirian , Rosa, Alcida , Liz, Felicita, Graciela , Rafaela, Irene, Graciela, Rafaela, Mirta*, Claudia*
*not pictured

Translator profile picture

Translated from Spanish by Kiva volunteer Hugo Reyes



Loan details

Loan length:

6 months
Disbursed date: February 17, 2010
Facilitated by Field Partner: Fundación Paraguaya

Lenders and lending teams



Loan details

Loan length:

6 months
Disbursed date: February 17, 2010
Facilitated by Field Partner: Fundación Paraguaya