Funded

Total loan: $5,900
Powered by 2 lenders

Las Mercedes Group

Paraguay
Encarnación, Paraguay / General Store

A loan of $5,900 helped a member wholesale foods, vegetables, baked goods, and other products.


Las Mercedes Group's story

The Mercedes Group is in its 17th loan cycle in the Women's Committee Program, in which all members work and help each other get ahead. The group members have undertaken the Poverty Spotlight, which allows each member to lift themselves from poverty through their own efforts.

One of the group members, Sra. Tomasa, has a store in her home, where she works long hours starting early in the morning. Sra. Tomasa is a very tenacious person who is striving to improve her life through her tremendous efforts. She observes that running a business was very complicated at the beginning, but that she now has excellent customers.

Sra. Tomasa is applying for a loan to purchase wholesale foods, vegetables, baked goods, and other products to boost her store's inventory. She is grateful for the opportunity the loan will provide her to continue to grow her business.

In this group: Juana, Silvina, Marta, Ilse, Lurdes, María, Aniela, Verónica, Tomasa, Lidia, Graciela, María, Lucía*, Mirna*, Carmen*
*not pictured

Translator profile picture

Translated from Spanish by Kiva volunteer Stephen Volante



Loan details

Loan length:

6 months
Disbursed date: August 28, 2013
Facilitated by Field Partner: Fundación Paraguaya

Lenders and lending teams



Loan details

Loan length:

6 months
Disbursed date: August 28, 2013
Facilitated by Field Partner: Fundación Paraguaya