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Irene
Irene is the proud mother of three grown children who are living independently and are successful. She has been married to her husband Jacinto for many years and together they have made their living raising chickens.


Six years ago they increased their business and were able to give employment to two other people in the community as well. Over the years they have formed a great clientele and are known for the excellent quality of their chickens.


Now they have expanded their business and also run a general store where they sell the chickens along with other food. Their small convenience store is also successful, however, Irene is looking to expand. She wants to use the meat that they raise to make Paraguayan delicacies to sell as snacks in their shop. With the loan, Irene will buy the necessary ingredients to make the food to sell.

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
  • 93
    View loans »
    Paraguay Loans Fundraising
  • $30,930,425
    Funds lent in using Kiva
  • 4,677.0
    Paraguay Guarani (PYG) = $1 USD

Success!! The loan was 100% repaid

A loan of $1,075 helped Irene buying ingredients to make empanada and milonesas, along with general refreshments.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Disbursed:
Mar 23, 2008
Listed
Mar 8, 2008
Currency Exchange Loss:
Covered
Ended:
Apr 15, 2009