A loan of $4,075 helped a member to buy underwear.


Santa Isabel Group's story

The Santa Isabel committee is in San Ramón neighborhood in the city of San Lorenzo. The women are in a variety of activities. They’re all long-standing clients of Fundación Paraguaya; they’ve been getting loans for over five years and have never been late with their repayments because all the women are responsible and punctual payers.

Lorenza sells underwear, especially of the Kalúa brand, a very popular, high quality brand in Latin America. She is very humble and this business allows her to earn considerable income.

Lorenza hopes to have support from Kiva lenders to buy more underwear keeping in mind that the larger the amount bought, the lower the cost (wholesale commerce) and when she resells them her profits are higher (retail sales).

In this group: Lorenza, Felicita, Concepcion, Ramona, Nilda, Petrona, Ana, Ernesta, Elizabeth, Laura, Ester, Ramona, Lorena, Pamela*, Bernarda*
*not pictured

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Translated from Spanish by Kiva volunteer Polliz



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