A loan of $3,175 helped a member to buy winter garments to sell.

Renacer Group's story

The communal bank "Renacer" is made up of 13 women from Ciudad del Este. They are heads of households, and they got together with the idea of helping each other, because they saw a great opportunity with the Program of Enterprising Women in the Fundación Paraguaya. Thanks to their efforts and sacrifice, they have been able to make progress, and they are currently in their 8th loan cycle.

Julia is one of the members. She is the president of the group, and she says that she puts a lot of effort into helping her friends who have a desire to continue to strive to make progress. She has a business selling all types of garments, and thanks to this, she has been able to get ahead and help her family. At this time, she is requesting a loan to stock up with garments for the upcoming winter, because she wants to be well-stocked so that she can offer a good variety of products to her customers. She thanks the Fundacion, because through this program, her group has been able to improve their lives a lot.

In this group: Julia De Jesús, Ramona, Ines, Nilsa, Maria, Saturnina, Francisca, Maria, Aida, Nancy, Juana, Leticia*, Mary*
*not pictured

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Translated from Spanish by Kiva volunteer Lisa Grobar

Loan details

Lenders and lending teams

Loan details