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Arminda
Señora Arminda González de Toñanez is 60 years old and has been separated for 8 years. They have 6 older children, 5 of whom are married and one whom is single, lives with his mother and is in his first year of law school. Señora Arminda owns a general store in her house which she has had since 1993 where she sells groceries and hardware. She is requesting a loan to buy wholesale goods like sugar, rice and beans of distinct types and brands. In this way, she would make the prices of her goods cheaper and would obtain improved income from the sale of these products. Also, she will have a better variety of merchandise to offer to her customers and provide them a better service. She appreciates the support from the Foundation through the credit provided.
View original language description ↓
La señora Arminda González de Toñanez tiene 60 años y está separada desde hace 8 años.
Los mismos tienen 6 hijos, todos mayores de edad y 5 casados, uno de ellos es soltero y vive con la misma, cursa el primer año de Derecho.
La señora Arminda posee una despensa en su domicilio desde el año 1993. donde vende productos de almacén y mercería.
La misma solicita el préstamo para la compra mayorista de mercaderías como ser azúcar, fideos, arroz y fideos de distintos tipos y marcas. De esa manera abarataría el costo de las mismas y obtendría mayores ganancias por la venta de dichos productos, también tendrá mayor variedad de mercaderías para ofrecer a sus clientes y brindarle un mejor servicio.
Agradece a la Fundación por el apoyo atrevés del crédito otorgado.

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
  • 86
    View loans »
    Paraguay Loans Fundraising
  • $31,419,450
    Funds lent in using Kiva
  • 4,638.4
    Paraguay Guarani (PYG) = $1 USD

Success!! The loan was 100% repaid

A loan of $650 helped Arminda to purchase wholesale goods like azucar, rice, grass and different types of beans.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Nov 23, 2009
Listed
Dec 17, 2009
Currency Exchange Loss:
Covered
Ended:
Dec 15, 2010