A loan of $2,500 helped a member to buy meat, vegetables, noodles, and other products.


Virgen De Caacupe Group's story

The communal bank "Virgen de Caacupé" is made up of 19 women from Ciudad del Este. The group carries this name in honor of the patron saint of the country. Now they are in their first loan cycle. They state that they are very pleased with the program, because they feel accomplished and very satisfied. They describe themselves as tenacious and hardworking women, and they say that they were motivated to form this group so that they could obtain higher earnings for each of them, and help their families. But they don't see only economic benefits, but rather comprehensive benefits that accrue to each of the members.

Gabina has a business making and selling food that she has had for several years. She states that she has an established base of customers who always come to buy from her. She says that she has a lot of demand, especially at lunchtime. She dreams of having her own restaurant where she could offer her customers better service.

Gabina requests a loan to buy ingredients that she will use in making her food, such as: meat, vegetables, noodles and other items.

In this group: Luisa, Gloria, María Isabel, María Antonia, Gloria, Pablina, Nidia, Elbira, Luz, Myrian, Ramona, Lilian, Irmilda, Nidia, Vicenta, María, Gabina, Ermelinda*, Idalina*
*not pictured

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Translated from Spanish by Kiva volunteer Lisa Grobar



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