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Mrs. Teresa is 51 years old and is married to Mr. Ricardo who is 56 years of age and has worked in Ande (National Electricity Administration) for some 32 years. They have three adult children, the male studies systems analysis and works, the two women are studying journalism and architecture, respectively.

Mrs. Teresa sells clothing and has been able to have a steady customer base, she also sells Avon products (makeup).

With the help from the loan, she will be able to increase the quantity and variety of her merchandize and be able to give a greater variety of items to her customers, that will strengthen her investment.

Mrs. Teresa wishes that her children finish their respective degrees and be able to have their own businesses in the future.

View original language description ↓
La señora Teresa tiene 51 años de edad, está casada con el señor Ricardo de 56 años, trabaja en la Ande hace 32 años, cuenta con tres hijos mayores, el varón estudia análisis de sistema y trabaja, las dos mujeres estudian periodismo y arquitectura respectivamente.
La señora la señora se dedica a la venta de ropas, con lo cual ha formado ya una clientela bien definida, ademas de eso vende productos Avon (cosméticos).
Con la ayuda del credito, podra ampliar la cantidad y variedad de sus mercaderias, ofreciendo asi mayor variedad a sus clienes y fortaleciendo asi su inversión.
Desea que sus hijos culminen sus respectivas carreras universitarias y contar con un negocio propio mas adelante.

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
  • 101
    View loans »
    Paraguay Loans Fundraising
  • $32,366,075
    Funds lent in using Kiva
  • 3,990.0
    Paraguay Guarani (PYG) = $1 USD

Success!! The loan was 100% repaid

A loan of $875 helped Teresa buy clothing to increase the variety of her merchandize.
100% repaid
Repayment Term
15 months (Additional Information)
Repayment Schedule
May 23, 2011
Jun 24, 2011
Currency Exchange Loss:
Jul 15, 2012