A loan of $2,775 helped a member to buy clothes to sell later.

La Esperanza 3 Group's story

The communal bank is called “La Esperanza 3” (The Hopeful Three). The members are thankful for the opportunity provided by Fundación Paraguaya since they have new opportunities to start better work, contributing to the household income to give their children a better future. Right now the group is in the second loan cycle with 16 members.

The general director of the communal because is Victorina. She is married to Florencio who works as a carpenter. She has two small children, and they live in the same neighborhood as other members of the communal bank. She tells us that she sells all types of clothes which are worn in the different regions. Thanks to the good quality of her products she has been able to help her husband with the daily expenses and, in that way, lighten the burden of the expenses.

She is asking for Kiva’s and Fundación Paraguaya’ help to buy products which she wants to have into order to increase her merchandise stock and attract more customers.

In this group: Victorina, Ylda, Grisselda, Amelia, Isabel, Aurea, Sonia, Norma, Maria, Liza, Diana, Yanina, Liliana, Zulma, Casilda*, Rossana*
*not pictured

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Translated from Spanish by Kiva volunteer Jodi Nelan

Loan details

Lenders and lending teams

Loan details