A loan of $1,800 helped a member tO BUY CLOTHING, T-SHIRTS, SHORTS, AND OTHER ITEMS TO SELL.

La Esperanza Group's story

“La Esperanza” (The Hope) Communal Bank was formed by bringing together various neighbors of M.R.A. City. All the bank's members carry out their activities independently; for example, sales and preparing fast food. Some will begin carrying out independent activities with this loan obtained through the Fundacion Paraguaya (Paraguay Foundation). The members have formed a very united group, capable of realizing together activities that strengthen their collegiality.

Erika is one of the bank's members. She is dedicated to buying and selling clothing, and also has a book store where she sells small items, including sweets. All her customers admire her efforts. Erika has a very united family with 1 child and a husband, who works as a bricklayer.

Erika is very satisfied with her activity and the training they receive as a group. She is requesting a loan to buy more clothing to sell, and to expand her book store.

In this group: Erika, Leticia, Ana, Romina, Claudelina, Consorcia, Florencia, Antonia, Evangelista, Ada , Basilia, Maria, Yaquelyn*, Gloria*
*not pictured

Translator profile picture

Translated from Spanish by Kiva volunteer Harold Dana Sims, PhD

Loan details

Lenders and lending teams

Loan details