A loan of $2,525 helped a member to buy silver jewellery such as bracelets, earrings, chains and other things.


Po Joayu Group's story

This group of 17 hardworking women have united as a group, a "financial solidarity committee" or communal bank, through the [field partner] Fundación Paraguaya. The pledge to repay the loan is a joint one, and the key to success is an entrepreneurial spirit. One of the members is Señora Gloria, who dedicates her time to selling jewellery. Señora Gloria buys the jewellery from intermediaries or travels to the city of Luque where they make siver jewellery. She says that while she can't complain about the sales she has had lately, she wants to continue stocking many styles of jewellery for sale. She is therefore seeking the loan to buy silver jewellery such as bracelets, chains, earrings and other things.

In this group: Gloria, Nancy, Zunilda, Mariza, Fidelina, Nicolaza, Ramona, Elizabeth, Lourdes, Mary, Norma, Graciela, Isidora, Virginia, Basilia, Liz, Cristina*
*not pictured

Translated from Spanish by Kiva volunteer Rosa Oswald



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Loan details