Kiva Loan 22

Tarumandy Poty Group from Paraguay has fully repaid a Kiva loan

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Location: Luque, Paraguay

Repayment Term: 6 months (more info)

Activity: Crafts

Repayment Schedule: Monthly

Loan Use: Purchase materials for making hats

The contact responsible for starting this present committee is Sra. Hilaria Duarte, who reports to the program advisor of Fundación Paraguaya. She organized and invited her neighbors to join the Committee of Women Entrepreneurs Program.

All of them work with great hope of improving their lives. Such is the case of Sra. Rocío Carolina Lugo, who produces handmade hats. She will invest the money in the purchase of materials needed for her work such as “karanday” (a plant fiber native to Paraguay), leather, scissors, and other items. This will allow her to offer a wider variety of quality hats to her customers.

Translated from Spanish by Ronan Reodica, Kiva Volunteer

El contacto para el inicio del presente comité fue la señora Hilaria Duarte quien se informa del programa con la asesora de la Fundación Paraguaya, organizaron e invitaron a sus vecinas para formar parte del programa Comité de Mujeres Emprendedoras.

Todas trabajan con mucha de esperanza de mejorar su vida así como la señora Rocío Carolina Lugo se dedica a la artesanía en sombrero de barandal, invirtió el dinero en la compra de elementos para su trabajo ( karanday, cueri, tijeras, etc.), logrando de ese modo ofrecer mayor variedad y calidad de sombreros a su clientela.

(click to continue reading Kiva – Tarumandy Poty Group from Paraguay has fully repaid a Kiva loan.)