A loan of $4,575 helped a member to buy chipa for sale.

El Progreso Group's story

This group, from the city of Paraguarí, is in its eighth loan cycle. The members joined together in the hopes of being able to help their families and that each of their businesses will be able to grow every day. They want to eliminate poverty by helping everyone.
One of the members is Sra. Sandra. With great hard work and sacrifice every day, she works and fights for her family. Her main job is chipa sales. Chipa is a traditional [cheesy bread] Paraguayan dish that is sold in every season; it always sells well. Sandra tells us that she already has a good clientele and this helps her a lot.
She is requesting this loan to invest in the purchase of chipa so that she can sell it and keep investing in her business, which is her family's source of income.

In this group: Norma, Gladys, Bernardina, Emilce, Inocencia, María, Agustina, Catalina, Dora, Sandra, Viviana, Magali, Rosa, Alejandrina*, Francisca*
*not pictured

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Translated from Spanish by Kiva volunteer Christine Cooper

Loan details

Lenders and lending teams

Loan details