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Maria Lorenza
Maria Lorenza is 44 years old and lives in the area of Ybate around the town of Ita. She has two sons and a 22-year-old daughter with a little baby and another son still attending school.

For 15 years Maria Lorenza has been making honey bread, cakes and homemade sweets. She has a store in Ita where she sells her products and has a good number of regular customers; most are street vendors who are satisfied with the prices and products.

Maria Lorenza thanks Fundación Paraguaya for the loan and the trust bestowed upon her and her business and will work hard to make her payments on time so that she can have larger loans in the future.

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
  • 89
    View loans »
    Paraguay Loans Fundraising
  • $30,864,725
    Funds lent in using Kiva
  • 4,891.6
    Paraguay Guarani (PYG) = $1 USD

Success!! The loan was 100% repaid

A loan of $500 helped Maria Lorenza to buy flour, butter, and baking powder.
100% repaid
Repayment Term
15 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Sep 28, 2010
Listed
Oct 27, 2010
Currency Exchange Loss:
Covered
Ended:
Nov 15, 2011