Funded

Total loan: $4,775
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Bendición Group


A loan of $4,775 helped a member buy products for resale.


Bendición Group's story

The Bendicion (Benediction) committee was formed more than a year ago and is now in its fourth cycle. It operates in San Lorenzo, a neighborhood where people have few resources. The women make a living selling a range of products. Some sell clothes, others medicines and food items, some selling from home and others door-to-door. The group has a record of paying their loans on time, both within the committee and to Fundacion. They have savings of 2,982,681. They hold joint activities such as raffles and dinners to build their savings in case one of their members becomes sick or so that they can accelerate their loan payments to Fundacion.

For this cycle, the efforts the women have made to improve their lives have been notable. The support of the group has been fundamental to the growth of their businesses and also to their self-worth which has developed as they've come to see themselves as active players within the group. The women are happy with their training, especially the module related to personal finance, because it helps them organize better.

The businesses that each member is developing are: 1- Cristina Noemi B.. Teacher and clothing sales. 2- Laura A.. Food sales. 3- Justa Arevalo. Sales of beauty products. 4- Luisa D.. Sales of natural medicines. 5- Olga F.. Sales of notions. 6- Rossana B.. Perfume sales. 7- Julia G.. Hairdresser. 8- Francisca A.. Food sales. 9- Francisca D.. Sales of catalog merchandise. 10- Maria Antonia A.. 11- Maria G.. Clothing sales. 12- Veronica F.. Fruit sales. 13- Susana A.. Clothing sales. 14- Ermelinda M.. Dressmaker. 15- Maria O.. Food sales. 16- Fatima F.. Fruit sales. 17- Maria Elena A.. Food sales. 18- Mirta O.. Sales of notions. 19- Maria D.. Sales of notions.

In this group: Cristina, Laura, Justa, Luisa, Olga, Rossana, Julia, Francisca, Francisca, Maria, Maria, Veronica, Susana, Ermelinda, Maria*, Fatima*, Maria*, Mirta, Maria
*not pictured

Translator profile picture

Translated from Spanish by Kiva volunteer Jere Wiseman



Loan details

Loan length:

6 months
Disbursed date: October 18, 2008
Facilitated by Field Partner: Fundación Paraguaya

Lenders and lending teams



Loan details

Loan length:

6 months
Disbursed date: October 18, 2008
Facilitated by Field Partner: Fundación Paraguaya