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Edith
Edith is 32 years old, married, and in spite of being so young already has 4 children between the ages of 3 and 14. Her two eldest children attend high school, another is in 5th grade of elementary school, and the youngest has yet to begin school.


Edith recounted with much sadness how she had to work very hard for 10 years in the neighboring country of Argentina, where she managed to start a small dressmaking business after a lot of sacrifices.


With a strong desire to return to Paraguay, Edith sold all of her sewing machines to make enough money to move back. With what she could earn from the sale of her machines, she managed to return to Paraguay, build a house, and start a small convenience store business out of her house.


She started out buying a few goods to sell in her store. With time the business improved, and she began expanding her inventory. Today she is building an additional room to start a small hamburger restaurant. To do this, Edith needs a loan of $800US in order to buy the building materials she needs to finish the room.


Her dream for the future is that her children will be professionals; and, above all, that they will be able to work in their own country without having to immigrate to find work.

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

  • $4,555
    Average annual income
  • 41
    View loans »
    Paraguay Loans Fundraising
  • $30,204,950
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $800 helped Edith purchase of construction materials.
100% repaid
Repayment Term
9 months (Additional Information)
Repayment Schedule
Monthly
Disbursed:
Oct 2, 2007
Listed
Sep 18, 2007
Currency Exchange Loss:
N/A
Ended:
Mar 19, 2008