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Gloria is 27 and is married with 2 children who are 9 and 4 years old and both studying in elementary school.
She and her husband own 2 stands from which they sell various items such as DVDs, sunglasses, jewerry, etc. While she manages their stand in their hometown of Luque, her husband runs another stand in the main market of the capital city of Asunción.
Her business goals for the future are to expand her business and begin selling electronics, it is for this reason that she is requesting a loan. For her family, her hope is that her children will be able to study in university and one day open their own business.

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
  • 102
    View loans »
    Paraguay Loans Fundraising
  • $32,366,075
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $800 helped Gloria purchase electronics.
100% repaid
Repayment Term
11 months (Additional Information)
Repayment Schedule
Oct 9, 2007
Sep 25, 2007
Currency Exchange Loss:
May 26, 2008