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Mabel
Ms. Mabel A., 36, is married with two children: a boy who is 10 years old and a girl of 12. They live in their own house in the Barrio Maria Auxiliadora in Encarnación, Paraguay.


Mabel originally worked as a street vendor for many years. However, this work did not generate much income so she decided to purchase her own shop and open a shoe store. Now, after three years as a shoe retailer, she is doing very well. Her husband also works selling basic groceries from his van to the small communities around the city of Encarnación.


The Azconas are a very close-knit family who work hard to achieve their goals. It is their dream that both their children will be able to complete school and lead a more dignified life.


Mabel has asked for a loan to purchase shoes from Brazil. She has opened a new store and wishes to take advantage of the low price at which shoes are currently selling in Brazil by purchasing them early, in order to resell them in her store in Paraguay.

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
  • 50
    View loans »
    Paraguay Loans Fundraising
  • $28,564,525
    Funds lent in using Kiva
  • 4,915.8
    Paraguay Guarani (PYG) = $1 USD

Success!! The loan was 100% repaid

A loan of $1,025 helped Mabel to purchase more shoes for her store.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Disbursed:
Nov 17, 2007
Listed
Nov 3, 2007
Currency Exchange Loss:
Covered
Ended:
Dec 15, 2008