A loan of $2,725 helped a member to buy merchandise such as cleaning and personal hygiene products, tea, noodles, etc.


El Progreso Group's story

The communal bank "El Progreso" [Progress] comprises 12 members who are neighbors and know each other well. Maria Elisa is president of the group and has a small store in the front of her house where she displays her merchandise every day. She sells cleaning and personal hygiene products and non-perishable foods such as noodles, tea, rice, and more. She wants to move forward working with Fundación Paraguaya, and her group is growing stronger by the day. She says she is happy with her committee position and also would encourage her fellow members to keep striving to meet their objectives.

In this group: Marian, Rufina, Ignacia, Estanis, Efigenia, Mercedes, Maria, Nancy, Valeriana, Edith, Lidia, Maria
*not pictured

Translated from Spanish by Kiva volunteer



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