A loan of $425 helped a member to buy balanced feed to fatten animals.

Buena Nueva Group's story

The communal bank Buena Nueva consists of six people. The group began by showing unity and solidarity among its members, who have business activities and are very hard-working. The majority of the members are indigenous. The members already had businesses before forming part of the youth committee.

The Buena Nueva group is very compliant with the economic support granted by Fundación Paraguaya for being the organization that has placed confidence in them and given them the opportunity to improve their quality of life through work and group membership.

Ageda, one of the members of the group, raises animals. She cares for them and feeds them, and later puts them up for sale, thus generating income for her and her family.

She is applying for the loan to buy balanced feed to fatten the animals and pay veterinary expenses for them. In the group photo there are the group members as well as their parents, since the members are well-loved by everyone.

In this group: Ageda, Pablino , Bernardo , José , German , Gladys
*not pictured

Translated from Spanish by Kiva volunteer Pam McMurry

Loan details

Lenders and lending teams

Loan details