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Elva A. makes ropes, speacializing in clothes lines, in the city of Mariano R. Alonso. This has been her business and her main source of income for eleven years. She sells her rope not only to businesses in her hometown, but to other stores large cities throughout Paraguay. Hardware stores and general stores in the cities of Ciudad del Este, Villarrica, Coronel Oviedo, Caaguazú, and Encarnación all sell ropes made by Elva A..

She began the business with a small amount of capital, and through her great business sense and exceptional product, her company has grown. It provides a good income for Elva, her husband and two children. It has also provided her two children the opportunity to attend school.

In order to satisfy her faithful customers, Elva is asking for a loan in order to buy the rope material. She hopes that news of his business will continue to travel throughout Paraguay and that she will continue to see and increase in business and profits.

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
  • 67
    View loans »
    Paraguay Loans Fundraising
  • $33,479,050
    Funds lent in using Kiva
  • 4,694.3
    Paraguay Guarani (PYG) = $1 USD

Success!! The loan was 100% repaid

A loan of $450 helped Elva to buy material to make ropes and cords.
100% repaid
Repayment Term
13 months (Additional Information)
Repayment Schedule
Feb 14, 2008
Jan 30, 2008
Currency Exchange Loss:
Jan 15, 2009