Señora Gladis Alvarenga is a 46-year-old mother of 2 adult daughters who lives with her family in the city of Carapeguá. She started her business in 1992 with a small shop in the local city market together with her husband, using their own capital. Because of growing demand, she later worked with the Kiva field partner lender Fundación Paraguaya which was recommended by her brother who was also a client of the institution.
It is worth pointing out that thanks to her effort, she was able to achieve goals such as building her own house, giving her daughters the opportunity to become college graduates, and also expanding her business since she has already built a great number of market shops to sell at.
She is requesting a loan to purchase shirts, pants, jerseys, and coats.
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.