Joaquina Espinola


Status: Paid Back

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

About the Entrepreneur

Name: Joaquina Espinola
Location: Santaní, Paraguay
Activity: Grocery Store

About the Loan

Loan Amount: $1,000.00
Loan Use: Buying merchandise
Repayment Term: 6 months - View details below
Lenders Repaid: Monthly
Currency Exchange Loss: Covered
Date Listed: Nov 10, 2008
Date Disbursed: Nov 26, 2008
Date Funded:Nov 12, 2008
Loan Ended:Apr 15, 2009

About the Country

Country:Paraguay
Avg Annual Income:$4,555.00
Currency:Paraguay Guarani (PYG)
Exchange Rate:4,654.9957 PYG = 1 USD



Mrs. Joaquina Espinola is from the city of San Estanislao, is 29 years old, and is married with MR. Mario Acosta, who is 31.


She started to run her small business six years ago, since before that she was a traveling vendor and after having health problems, she stopped that work.


Thanks to the loans that she received from the Paraguayan Foundation, Mrs. Joaquina was able to buy the merchandise for her store.


She has achieved a better income because of her growing clientele. She sells all types of groceries and necessary goods, like: sugar, milk, eggs, fruit, vegetables, meat, bread, flour and others.


She hopes to acquire this loan to be able to reinforce her stock, especially with drinks now that the heat in this season makes the demand for soda, beer, juices and other drinks grow.

Translated from Spanish by Zach Frey, Kiva Volunteer


La señora Joaquina Espínola es de la ciudad de San Estanislao, tiene 29 años de edad, y está casada con el señor Mario Acosta de 31 años de edad.


Comenzó a montar su pequeña despensa hace 6 años, ya que anteriormente era vendedora ambulante, luego tuvo problemas de salud, y se dejó de ese trabajo.


Gracias a los créditos que recibió de la Fundación Paraguaya, la Sra. Joaquina, pudo comprar las mercaderías para su despensa.


Logrando así un mayor ingreso en sus ventas, por la creciente clientela. Ella comercializa todo tipo de comestibles y artículos de primera necesidad como: azúcar, leche, huevos, frutas, verduras, carne, pan, enlatados, harina, entre otros.



Desea adquirir este crédito para poder reforzar su stock de mercaderías, especialmente con bebidas ya que el calor en esta época hace que la demanda de gaseosas, cervezas, jugos entre otros aumente con mayor consideración.


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Journal entries for Joaquina Espinola


Loan has been disbursed
 
Entrepreneur: Joaquina Espinola
Location: Santaní, Paraguay

Thank you for your loan. It has been disbursed to Joaquina Espinola by Fundación Paraguaya in Paraguay. We are excited to watch this business grow. Over the next 4 months, Fundación Paraguaya will be collecting repayments from this entrepreneur and posting progress updates on the Kiva website.


Posted by from Santaní, Paraguay
Nov 27, 2008
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Kiva Help Repayment Schedule for Joaquina Espinola

  Expected Repayments Actual Repayments Comments
February 2009 $250.00 $250.00 Repayment Received
March 2009 $250.00 $250.00 Repayment Received
April 2009 $250.00 $250.00 Repayment Received
May 2009 $250.00 $250.00 Repayment Received