A loan of $1,250 helped a member to buy secondhand clothing.

El Progreso Group's story

The El Progreso Communal Bank was formed through Miguela's initiative. All of the women are from the city of Curuguaty. They are currently in their third loan cycle with ten members, all of whom work in an atmosphere of help and respect.

Miguela is the president of the bank and she tells us that all the members are getting ahead through great effort and that they all want to grow through their work. She sells secondhand clothing for a living, which goes very well for her because she has a good clientele and because her sales have increased greatly.

She is asking for this loan to buy secondhand clothing, with which she will be able to keep working and offering her customers variety.

In this group: Miguela, Ramona, Salvadora , Alodia , Marta , Sebastiana , Uvalda , Isabel , Liliana , Maria
*not pictured

Translated from Spanish by Kiva volunteer Alyson Trowbridge

Loan details

Lenders and lending teams

Loan details