Candida Gimenez


Status: Paying Back

$625.00   Loan Amount
14% repaid

About the Entrepreneur

Name: Candida Gimenez
Location: Ita, Paraguay
Activity: Grocery Store

About the Loan

Loan Amount: $625.00
Loan Use: Completing the construction of her store
Repayment Term: 9 months - View details below
Lenders Repaid: Monthly
Currency Exchange Loss: Covered
Date Listed: Sep 24, 2009
Date Disbursed: Sep 4, 2009
Date Funded:Sep 24, 2009

About the Country

Country:Paraguay
Avg Annual Income:$4,555.00
Currency:Paraguay Guarani (PYG)
Exchange Rate:4,933.2800 PYG = 1 USD



Cándida is 48 years old and a shopkeeper. She and her husband Dionicio have been married for over 30 years and have 5 children.
She began her business in 2006 with great personal effort, along with help from her husband, who works as a mason. She also benefited from the unconditional support of her children: José, age 28, who is also a mason; Nancy, age 25, a teacher; Juana, 24, who is currently working in Spain; Enrique, age 19; and Juan, who is 12 and currently in the sixth grade.
She reports that she currently stocks a very broad range of products, and there has been great demand among customers for merchandise of all types. For this reason, she has increased her stock considerably in recent times, and she has seen the need to expand her store to accommodate these products.
She is requesting this loan to purchase construction materials to complete the expansion of her store.
Cándida appreciates the opportunity provided by the Fundación Paraguaya, which will allow her to complete the construction of her new facility, expand her stock and thus increase her sales, in order to support her own well-being and that of her entire family.



Translated from Spanish by Patricia Linderman, Kiva Volunteer


La Señora Cándida de 48 años de edad, es comerciante, esta casada con el Señor Dionicio hace más de 30 años con quien tuvo 5 hijos.
Comenzó su actividad en el año 2.006, con mucho esfuerzo y la ayuda de su marido quien trabaja como albañil y también el apoyo incondicional de sus hijos, José de 28 años de edad quien también es albañil, Nancy de 25 años quien es docente, Juana de 24 años quien se encuentra trabajando en España, Enrique de 19 años y Juan de 12 años de edad quien está cursando el sexto grado de la Educación Básica.
Comenta que hoy en día cuenta con una despensa muy surtida y que se vió en la necesidad de ampliar su salón comercial debido a que posee gran demanda de mercaderías de todo tipo, por tal motivo su stock ha aumentado considerablemente en los últimos tiempos.
Solicita el préstamo para la compra de materiales de construcción para terminar su salón comercial.
La misma agradece la oportunidad brindada por la Fundación Paraguaya, ya que gracias a eso logrará terminar su nuevo local incrementando sus mercaderías y con ello sus ventas para su bienestar y de toda su familia.



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Journal entries for Candida Gimenez


Loan has been disbursed
 
Entrepreneur: Candida Gimenez
Location: Ita, Paraguay

Thank you for your loan. It has been disbursed to Candida Gimenez by Fundación Paraguaya in Paraguay. We are excited to watch this business grow. Over the 6 months of this loan, Fundación Paraguaya will be collecting repayments from this entrepreneur and posting progress updates on the Kiva website.


Posted by from Ita, Paraguay
Sep 25, 2009
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Kiva Help Repayment Schedule for Candida Gimenez

  Expected Repayments Actual Repayments Comments
December 2009 $89.29 $89.29 Repayment Received
January 2010 $89.28 Available Jan 1  
February 2010 $89.29 Available Feb 1  
March 2010 $89.28 Available Mar 1  
April 2010 $89.29 Available Apr 1  
May 2010 $89.28 Available May 1  
June 2010 $89.29 Available Jun 1