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Ms. Ramona I. M., 41 years old, is a native of the city of Carapeguá and has been married for 23 years to Mr. José María Lopez Galeano, who is a 46-year-old native. They have 4 children, 2 of whom are school-aged while two are adults.

Ms. Ramona got married very young and together with her husband went to work abroad for many years, so that they could gather a little capital to construct their house. Moreover, they also set up a small sewing shop.

Today, Ramona manufactures all types of clothes. It has been more than 10 years since she decided on this line of work and thanks to her efforts, two of her children are in college.

She wants to buy a sewing machine and this is the reason she has approached our institution to request a loan.

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
  • $31,365,875
    Funds lent in using Kiva
  • 4,700.0
    Paraguay Guarani (PYG) = $1 USD

Success!! The loan was 100% repaid

A loan of $1,150 helped Ramona a sewing machine, as well as fabrics, thread, and zippers.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Apr 14, 2010
May 14, 2010
Currency Exchange Loss:
May 15, 2011