Sara Paniagua


Status: Paid Back

$1,000.00   Loan Request
$1,000.00   Paid Back

About the Entrepreneur

Name: Sara Paniagua
Location: Mariano R. Alonso, Paraguay
Activity: Grocery Store

About the Loan

Loan Amount: $1,000.00
Loan Use: To buy oil, wine, beer, flour, sugar, pasta, sodas, etc.
Repayment Term: 9 months - View details below
Lenders Repaid: Monthly
Currency Exchange Loss: Covered
Date Listed: Jul 9, 2008
Date Disbursed: Aug 14, 2008
Date Funded:Jul 31, 2008
Loan Ended:Mar 16, 2009

About the Country

Country:Paraguay
Avg Annual Income:$4,555.00
Currency:Paraguay Guarani (PYG)
Exchange Rate:4,020.0000 PYG = 1 USD



Sara is in a relationship and is 32 years old. She has two children, one of which goes to high school. In the past Sara worked as a salesperson at the market, and later as an employee in domestic labor, but since she made such little money through these jobs, she put together some savings and has begun to sell clothing.


With these earnings, she also began a small general store from her house, and today she is doing well for her position, wherein all of her neighbors go to her to buy necessities such as sugar, flour, and milk, among other things.


Sara says that the loan is a tool that is important to somall business owners that hope to realize their dreams of running their own business. With this loan that she is asking for, she hopes to acquire various merchandise to supply her store.



Translated from Spanish by Maggie Messerschmidt, Kiva volunteer.



Sara vive en pareja y tiene 32 años. Tiene dos hijos de los cuales uno va al colegio. Sara anteriormente trabajaba como vendedora del mercado, después trabajó como empleada doméstica, pero como la remuneración era muy poca, ella junto unos ahorros y se independizó y empezó a vender ropas de forma ambulante.


Con las ganancias quele dejaba la venta de ropas, ella monto una pequeña despensa en su casa y que hoy día ya es la más surtida del barrio, en donde todos los vecinos van a comprar artículos de primera necesidad como azúcar, harina, leche, entre otros.


Sara cuenta que el crédito es una herramienta también importante para los pequeños emprendedores que desean realizar sus sueños de su propia empresa. Con el crédito que ella ahora está solicitando, desea adquirir mercaderías varias para surtir su despensa.


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Journal entries for Sara Paniagua


Loan has been disbursed
 
Entrepreneur: Sara Paniagua
Location: Mariano R. Alonso, Paraguay

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


Posted by Denysse Figueredo from Mariano R. Alonso, Paraguay
Jul 31, 2008
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Kiva Help Repayment Schedule for Sara Paniagua

  Expected Repayments Actual Repayments Comments
October 2008 $0.00 $167.00  
November 2008 $166.67 $167.00 Repayment Received
December 2008 $166.67 $0.00 Repayment Received
January 2009 $166.67 $166.00 Repayment Received
February 2009 $166.67 $166.67 Repayment Received
March 2009 $166.67 $166.67 Repayment Received
April 2009 $166.65 $166.66 Repayment Received