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Miguelina
Miguelina is a 51 year old married woman with seven grown children. She used to work as a street vender selling bread and milk until she and her husband saved enough to build a small convenience store. Her husband is a construction worker.

She is asking for a loan today to increase the amount of goods sold in her store. Miguelina will buy flour, oil, rice, noodles, sugar and meat with the loan and the diversity of the goods will bring in more income. She works to help support her husband and the pair hope to save enough money to continue expanding the convenience store and repairing their house.

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
  • 45
    View loans »
    Paraguay Loans Fundraising
  • $28,281,050
    Funds lent in using Kiva
  • 4,704.9
    Paraguay Guarani (PYG) = $1 USD

Success!! The loan was 100% repaid

A loan of $650 helped Miguelina to buy goods for their convenience store including flour, sugar, meta, rice and noodles.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Disbursed:
Mar 18, 2008
Listed
Mar 4, 2008
Currency Exchange Loss:
Covered
Ended:
Apr 15, 2009