A loan of $2,750 helped a member to buy soft drinks, wine, beer, sugar, maté, noodles, rice, oil, bread, etc.

Nuevo Horizonte Group's story

The New Horizon group was started a couple of years ago after another group from the same area ended. Since the first weekend it was formed, its members have been working to pay off the loan they have obtained. They are very happy with their ability to organize and progress as a community. The ladies that make up the group sell food in their neighborhood. On average each member has received $1,000,000 Paraguayan guaranies (~$200 USD) which will be used to buy items that will be sold at their respective businesses.

In this group: Zulma, Luz Raquel, Paulina, Jazmín, Reinera, Cresencia, Nicolasa, Dorca, Laura, Romina, Liz Marlene, Lilia, Claudelina, Alba, Nilda

Translated from Spanish by Kiva volunteer Erin Sindewald

Loan details

Lenders and lending teams

Loan details