Funded

Total loan: $2,650
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Virgen Del Rosario Group

Paraguay
Curuguaty, Paraguay / Agriculture

A loan of $2,650 helped a member to buy compost and fertilizer to increase crop production.


Virgen Del Rosario Group's story

The club "Virgen del Rosario" was formed at the initiative of Martina. Currently they are in their second cycle and have 15 members.

They finished the first cycle without problems, and have demonstrated unity and solidarity among the members. During the current cycle two new hardworking women with businesses will be incorporated into the group.

Martina grows and sells mandioca [cassava], a product typical to Paraguay and consumed throughout the country in place of bread. It is much more popular than bread because of its flavor and low cost.

She has taken advantage of these qualities to grow her business, selling to the large stores and to people who want to eat it without needing to have a business.

Martina wants to increase her income by increasing her production, and asks for a loan to buy compost and fertilizer.

In this group: Martina , Gregoria , Rossana , Maria Del Carmen, Maria Lucia , Sergia , Catalina , Silvia , Silvia , Maxima , Benita , Felicita , Nimia , Marilym *, Elsa *
*not pictured

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Translated from Spanish by Kiva volunteer Mary Berghaus



Loan details

Loan length:

9 months
Disbursed date: May 23, 2011
Facilitated by Field Partner: Fundación Paraguaya

Lenders and lending teams



Loan details

Loan length:

9 months
Disbursed date: May 23, 2011
Facilitated by Field Partner: Fundación Paraguaya