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Doña Cipriana is a 61 year old widow with two children. She prepares and sells “chipas” (cheese bread) and has her own location from which she operates her business. Workers who drive by her business are mostly relatives and neighbors in the area.

The bread she makes is of good quality. Her customers choose to consume her products because they are better known. Her loan will be used to buy cheese and starch for making more cheese bread. This business provided a source of income while her children were growing up and attending school. Now it helps maintain her basic household expenses.

View original language description ↓
Doña Cipriana tiene 61 años, es viuda y tiene 2 hijos.
Se dedica a la elaboración y venta chipas, posee un local propio donde tiene instalada su chipería.
Todos los empleados que maneja en su microempresa están integrados por parientes y vecinos de la zona.
Las chipas que elaboran son de buena calidad por lo que tiene clientela formada quienes optan consumir sus productos por ser reconocidos.
El crédito será destinado a la compra de queso y almidón que lo utiliza para la elaboración de la chipa.
Esta actividad es la fuente con el cual crio e hizo estudiar a sus hijos, y con el cual mantiene los gastos básicos de la familia.

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
  • 126
    View loans »
    Paraguay Loans Fundraising
  • $31,646,375
    Funds lent in using Kiva
  • 4,725.0
    Paraguay Guarani (PYG) = $1 USD

Success!! The loan was 100% repaid

A loan of $1,150 helped Cipriana purchase cheese & starch.
100% repaid
Repayment Term
15 months (Additional Information)
Repayment Schedule
Jul 29, 2010
Aug 17, 2010
Currency Exchange Loss:
Sep 15, 2011