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Justina
Justina is a single mother of three children. She and her mother sold a piece of land and bought another piece of property in Ciudad del Este, where they started their own clothing business. With the profits from the business Justina has since paid her mother back.


Justina has been in business now for 7 years. It is successful and brings in enough money for Justina to support her children. However, she would like to expand her business by purchasing more jeans to sell to both to men and women, and clothing for school-age children. By increasing the variety of clothing for sale, she will be able to increase her earnings.

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
  • 71
    View loans »
    Paraguay Loans Fundraising
  • $30,772,800
    Funds lent in using Kiva
  • 4,723.1
    Paraguay Guarani (PYG) = $1 USD

Success!! The loan was 100% repaid

A loan of $1,075 helped Justina to buy jeans for resale in her clothing business.
100% repaid
Repayment Term
13 months (Additional Information)
Repayment Schedule
Monthly
Disbursed:
Mar 7, 2008
Listed
Feb 21, 2008
Currency Exchange Loss:
Covered
Ended:
Feb 15, 2009