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Victoria
Victoria R. Romero is 49 years old, married with four children and living in Arregua, Paraguay. She lives in her home with her husband, Mario Ruiz Diaz, an army officer and their 10 year old daughter. Arregua is a small and quiet town 40 minutes outside the capital city of Asuncion. It is here that Victoria works running both a copetin and a despensa.

Victoria has been running her copetin in Arregua since 1975 and is easily an expert in the trade. A copetin is a small stand dedicated to the sale of local fast foods. These include: empanadas, sandwiches, milanesa (breaded chicken) and other such items. She learned to cook and manage the copetin from her mother. Since then, she has bought the stand she now works out of and enjoys a well-established client base. Her stand, which is directly to the side of the main route running through Arregua serves customers from the nearby school and other regulars from the neighborhood.

Additionally, Victoria runs a despensa, otherwise referred to as a small grocery in which persons from the neighborhood can pick up common household necessities. These include: flour, drinks, eggs, milk and fruits and vegetables. As of right now Victoria runs her despensa out of her home.

The money Victoria receives from both endeavors has allowed her to raise her three boys. Her youngest daughter, 10, still lives at home and thanks to Victoria´s hardwork is able to go to school. With the money she has solicited Victoria will by merchandise for her copetin.

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
  • $29,537,050
    Funds lent in using Kiva
  • 4,777.2
    Paraguay Guarani (PYG) = $1 USD

Success!! The loan was 100% repaid

A loan of $750 helped Victoria purchase oil, floor, meat, eggs, fruits and bread.
100% repaid
Repayment Term
15 months (Additional Information)
Repayment Schedule
Monthly
Disbursed:
Dec 1, 2007
Listed
Nov 16, 2007
Currency Exchange Loss:
Covered
Ended:
Jan 15, 2009