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Mrs. Bernarda M. is 46 years old and is married to Miguel Matto, who is 41 and is a carpenter. The couple has two daughters, Vivian who is 17, and Fátima who is 8.

Bernarda owns a bakery that has been in business for over twelve years. They currently have a well-established clientele thanks to the quality of their products and the attention they give to their clients. The money from the loan will go towards the purchase of flour in large quantities in order to get a better price.

In the future, Bernarda would like to buy an electric oven in order to expand her bakery so that she can meet the demands of her clients. Additionally she would like to live in a country with better security, where it is more peaceful and where she can work better.

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
  • 98
    View loans »
    Paraguay Loans Fundraising
  • $32,366,075
    Funds lent in using Kiva
  • 5,030.0
    Paraguay Guarani (PYG) = $1 USD

Success!! The loan was 100% repaid

A loan of $600 helped Bernarda to purchase flour in large quantities.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
May 26, 2009
Jul 1, 2009
Currency Exchange Loss:
Jun 15, 2010