A loan helped a member to refinance a debt and inject capital to a business.

Kuña Teko Pora Group's story

The group called Kuña Teko Pora was formed by a group of friends and neighbors of the city Ciudad del Este. They are looking for a way to be able to improve their own quality of life and that of their loved ones. They all help each other and work together to be able to continue forward.

One of them is Deysi, who is an entrepreneur working in hairdressing. She mentions that she faces the crisis that has devastated the world, the spread of the pandemic Covid-19. It has prevented her from working normally and generating the means to be able to help her family. It has also caused consequences in her business.

She mentions that due to the quarantine her work was suspended and because of that she needs to refinance her foundation debt and also inject a little capital to her business.

She asks for this loan to be able to refinance her debt and also to be able to inject capital to her business.

Only one person appears in the photo, but this is a group loan. It was not possible to take a group photo in order to avoid a gathering of people due to the Covid-19 pandemic.

In this group: Andrea, Liz, Mirian, Dominga, Elba, Mirna, Lizzi, Liz, Jorgelina, Deysi, Ramona, Lidia, Mariela, Sandra

Translated from Spanish by Kiva volunteer Hannah Uchytil.

This loan is special because:

It helps borrowers withstand negative economic impacts of the COVID-19 pandemic.

Loan details

Lenders and lending teams

Loan details