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Justina
Sra. Justina C., 47, is the single mother of two daughters living in Mariano Roque Alonso, Paraguay. One of her daughters works and the other is still in school.

Justina works as a clothing designer and embroiderer. She learned this profession from her mother when she was very young. However, when business ceased to be prosperous, Justina decided to work in a small restaurant serving drinks and lunch for one of the schools in her neighborhood. Unfortunately this work did not earn her much more than her previous work in sewing. The space being rented for the Cantina was very expensive. For this reason Justina decided to quit the cantina and start a more affordable business in her neighborhood. At that time there was a great demand for a place of this kind, as few other existed. Thus, Justina came to open her copetin, a small shop that sells basic groceries as well as serves some food. Her primary clients are mechanics in the various auto-repair shops near her store.

When she began her business, Justina didn’t have the necessary equipment. She only had enough to buy them little by little. With the loan she has obtained from the Foundation, Justina will be able to purchase a freezer and refrigerator. With these items she will be able to improve the quality of service she offers. Justina is an active hard working person and the money she earns through her copetin supports her family.

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

  • $4,555
    Average annual income
  • 18
    View loans »
    Paraguay Loans Fundraising
  • $29,426,950
    Funds lent in using Kiva
  • 4,975.7
    Paraguay Guarani (PYG) = $1 USD

Success!! The loan was 100% repaid

A loan of $1,025 helped Justina to purchase a freezer and refrigerator.
100% repaid
Repayment Term
15 months (Additional Information)
Repayment Schedule
Monthly
Disbursed:
Nov 8, 2007
Listed
Oct 25, 2007
Currency Exchange Loss:
Covered
Ended:
Dec 15, 2008