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Mrs. Herminia D. is 35 years old and is married to Mr. Alejandro Ferreira, who is 42 years old. They have the joy of having 3 children, all of whom are in school. Mrs. Herminia is a merchant and teacher. She started pursuing this activity around 2002, with the capital that she has saved from her salary as a teacher. Since this time, she invested in phone booths to earn an income apart from her salary. At present, she also sells sweets and accessories to increase her earnings. She will invest this loan in the purchase of more merchandise, so that she can offer a larger stock of products.
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La Sra. Herminia D. de 35 años de edad esta casada con el Sr. Alejandro Ferreira de 42 años de edad, ellos tienen la dicha de tener 3 hijos todos en edad escolar.
Doña Herminia es comerciante y docente, ella empezó a realizar esta actividad aproximadamente en el año 2.002; con el capital que llegaron ahorrar del sueldo que tiene como docente, desde ese tiempo invirtieron en cabinas telefónicas para generar un ingreso aparte de su salario, en la actualidad vende también golosinas y accesorios para incrementar sus ingresos.
Ella invertiría este crédito en comprar más mercaderías, con lo cual lograría tener un más stock de productos en ofertas.

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
  • 58
    View loans »
    Paraguay Loans Fundraising
  • $33,435,825
    Funds lent in using Kiva
  • 4,900.0
    Paraguay Guarani (PYG) = $1 USD

Success!! The loan was 100% repaid

A loan of $625 helped Herminia to buy sweets, sodas, juices, dairy products, cookies, etc.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Sep 8, 2009
Sep 25, 2009
Currency Exchange Loss:
Oct 15, 2010