A loan of $1,400 helped a member buy meat, oil, vegetables and other ingredients for her snaks.

Santa Teresita Group's story

This loan group is called Santa Teresita and is based in the city of Caacupé.

The group members came together as a result of Fundación Paraguaya´s Female Entrepreneurs program and they receive financial support from Fundación Paraguaya. They feel safe working on their own businesses, the income generated helps them support their families, and they can count on the help from consultants for their business plans.

Fundación Paraguaya´s Female Entrepreneurs program is currently on its sixth cycle, launching daily improvement and development projects for low income individuals. One of the members is Maria, who sells food she makes herself. She makes snacks every week; amongst the most requested are pasties, breadcrumbed meat and pies (all of them prepared with special seasonings, meat and flour dough). She requests a loan to buy the ingredients she uses to make the snacks, such as meat, seasonings, vegetables, oil, and others. Snacks are very popular and Maria goes to many places to sell then in order to obtain an income to support her family.

In this group: Maria, Geronima, Maria, Liz, Faustina, Margarita, Gloria, Sandra, Rosa, Maria

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Translated from Spanish by Kiva volunteer Alba Sort

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