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Teodora is 50 years old and has two fully grown, independent children. For over 10 years she ran a business for which she had to rent the premises. A year ago she bought her business, with savings from working as a waitress in a bar.

Teodora started a small kiosk and has now developed it into a full supermarket. Teodora is really grateful for the opportunity she has had to get loans and improve her livelihood. She will use her loan to buy cider, beer and soda for her store.

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
  • 112
    View loans »
    Paraguay Loans Fundraising
  • $31,595,250
    Funds lent in using Kiva
  • 4,750.0
    Paraguay Guarani (PYG) = $1 USD

Success!! The loan was 100% repaid

A loan of $650 helped Teodora merchandise for her store.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Nov 11, 2009
Nov 26, 2009
Currency Exchange Loss:
Dec 15, 2010