A loan of $3,850 helped a member to buy summer clothing and footwear for later sale.

San Gregorio Group's story

The San Gregorio communal bank emerged with the leadership and support of a group of women who came together and decided to form a bank in the neighborhood. The bank is located in San Gregorio neighborhood in the city of San Lorenzo. Its principal goal is the growth of each member, not only financially but also personally.

Sra. Salvadora, president of the group, is 45 years old and is an enterprising, hardworking and very optimistic woman. She says that she is engaged in selling various items such as clothing, foodwear, etc. This is her principal source of income and, thanks to her hard work, she has been able to move her family forward and help them to have the minimum necessary for a decorous and dignified life. She wants to continue helping her own through her work. Thus she is requesting a loan so that she can buy clothing and shoes to sell and continue with her small business. She is grateful to the Fundación Paraguaya and to Kiva for the great opportunity they have given her to succeed.

In this group: Salvadora, Lorena, Natalia, Natalia, Cecilia, Neri, Miguela, Balbina, Ramona, Ignacia, Francisca, Eulalia, Margarita, Blanca, Isaura, Claudia, Zulma, Bacilisia, Mirta, Laura

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Translated from Spanish by Kiva volunteer Diane Chaney

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