Funded

Total loan: $3,300
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Virgen Del Carmen Group


A loan of $3,300 helped a member to buy chickens to sell.


Virgen Del Carmen Group's story

The communal bank formed with the management of Sofía, a hardworking and helpful woman. She contacted her neighbors and friends to form the group in the area. The bank is named Virgen del Carmen; there are 17 members and they are in their seventh cycle. It is a group that stands out in the neighborhood for being united and responsible. The members have a great spirit of entrepreneurship, struggle, and working together.

Sofía works selling domestic chickens, which she achieved with great effort and sacrifice. Thanks to her hard work she gives her family everything they need to have a comfortable life, with no deprivation or restrictions. Her dream is to be able to have a place where she can sell her chickens.

She is requesting the loan to be able to buy chickens and in this way increase the stock she offers to her customers.

In this group: Victoriana, Claudia , Águeda , Sofía , Teresa , Verónica , Rosa , Simona , Aida , María , Manuela , Vanessa , Perla , Verónica , Marta , María *, Bernarda *
*not pictured

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Translated from Spanish by Kiva volunteer Catharine Wall



Loan details

Loan length:

8 months
Disbursed date: December 16, 2011
Facilitated by Field Partner: Fundación Paraguaya

Lenders and lending teams



Loan details

Loan length:

8 months
Disbursed date: December 16, 2011
Facilitated by Field Partner: Fundación Paraguaya