A loan of $3,600 helped a member to invest in her business stand.

Maria Auxiliadora Group's story

The Maria Auxiliadora Communal Bank was born through the effort and support of another communal bank, which is working in the city of San Lorenzo.

This communal bank set their main objective to be the growth of each one of its members. All of the members are known in the area as very hard-working women.

Maria Magdalena R., age 47, is the president of the group. She lives in the city of Laurelty. She is an enterprising, hard-working, and above all, a very optimistic woman. She devotes herself to “quiniela”, a very common game of chance (lottery) in Paraguay. In the game the numbers are a diversion, and the combinations for the lotteries are transmitted on television and on the radio. The results are also published every day in newspapers and on the internet.

Maria Magdalena wants to get a loan to be able to make the stand where she works a bit more comfortable. She wants to be able to buy more space for this game of chance. That way she can get more people to participate, and she will get greater income to support her family.

In this group: Maria Magdalena, Bernarda, Deisy, Maria Cristina, Maria Raquel, Lidia, Lina, Carmen, Liz, Claudelina, Ana, Benita, Brigida, Dominga, Carina, Loreta, Sulma

Translated from Spanish by Kiva volunteer Ginny Kalish

Loan details

Lenders and lending teams

Loan details