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Hilaria
Mrs. Hilaria G. is single and lives in her own home with her two daughters, one of whom works in Spain. This daughter also helps support the family.

Mrs. G. has a business in one of the busiest markets in downtown Asunción, and has applied for a loan to buy more items to sell -- fruits, vegetables sweets and medicine. She also sells traditional teas which are grown locally, honey and cheese. Mrs.G. starts work in the early hours of the morning (at around 4:00 a.m.), when she goes out to buy the items she needs to run her business. One of her biggest goals is to be able to expand her business and open a store in which she can offer a more comfortable and enjoyable environment for her clients.

Additional Information

About Fundación Paraguaya

Fundación Paraguaya is a financially self-sustaining social enterprise that promotes entrepreneurship in urban and rural areas through microfinance, education programs, and more. Its focus on agriculture has helped many farmers boost their crop yields. And a number of other borrowers have taken out loans to start and grow social businesses that have helped deliver eyeglasses, medicines and other helpful services in their local communities.

About Paraguay

  • $8,400
    Average annual income
  • 136
    View loans »
    Paraguay Loans Fundraising
  • $31,646,450
    Funds lent in using Kiva
  • 5,030.0
    Paraguay Guarani (PYG) = $1 USD

Success!! The loan was 100% repaid

A loan of $1,000 helped Hilaria the buy fruits, vegetables, cheese, honey and sweets to sell to her customers.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Irregularly
Pre-Disbursed:
May 20, 2009
Listed
Jun 17, 2009
Currency Exchange Loss:
Covered
Ended:
Jun 15, 2010