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Erdulfa
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Erdulfa is 67 years old and she is a widow. She has had her grocery store for more than 30 years. It was one of the first grocery stores in her area. It is well located right next to a textile factory. She has three children, all of legal age and professionals, thanks to the work of their mom. Now, she lives with a 16-year-old granddaughter who helps her with the business and Erdulfa pays for her studies. She needs the loan to buy a freezer that will be very uselful during the summer to sell cold drinks.

Translated from Spanish by Ana Gabriela Clark, Kiva Volunteer.



Erdulfa tiene 67 años, es viuda, tiene su despensa hace más de 30 años es una de las primeras de su barrio está bien ubicado, al costado de una fábrica textil. Tiene tres hijos todos mayores de edad, y profesionales gracias al trabajo de su mamá, con ella vive ahora una nieta de 16 años quien le ayuda en el negocio y ella le costea sus estudios. Necesita el crédito para la compra de un congelador que le será de mucha utilidad en el verano para la venta de bebidas frescas.

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
  • 93
    View loans »
    Paraguay Loans Fundraising
  • $31,344,150
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $600 helped Erdulfa buy a freezer.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Disbursed:
Oct 18, 2007
Listed
Oct 3, 2007
Currency Exchange Loss:
N/A
Ended:
Oct 5, 2008