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Felicita is 57 years old and is a divorced mother of 2 children. With much effort, she managed to educate them while they were growing up. The eldest now works in construction, and the youngest is still studying in high school.

She started to work with a capital of $60US buying clothing, which she resold traveling house to house. Later she was able to purchase a booth in a municipal market in the city of Itá from which she began selling clothing.

Currently, she continues to engage in commercial activities selling various household products from her small store. To open this store she obtained a loan of $400US which she used to start the business out of her home. She wishes to obtain a new loan to buy more merchandise to sell from her store such as flour, rice, sugar, soft drinks, and more.

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
  • 134
    View loans »
    Paraguay Loans Fundraising
  • $31,646,450
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $600 helped Felicita purchase of merchandise.
100% repaid
Repayment Term
15 months (Additional Information)
Repayment Schedule
Oct 2, 2007
Sep 18, 2007
Currency Exchange Loss:
Sep 20, 2008