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Felicia
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Felicia is married to 49-year old Luis Valdez, and they have two sons that attend school. Felcia used to earn a living selling lottery tickets in the streets while her husband sold newspapers. After several years of saving, they succeeded in setting up a small kiosk where in addition to their lottery tickets and newspapers, they sold the candies and fast foods.



Their desire for progress has always brought them success in their undertakings. From the kiosk they were able to expand their business and open a store thanks to previous loans granted by the Fundación Paraguaya, a business which now operates with a very good quantity and variety of inventory.



Now they are asking for a loan to supply their business with goods such as rice, pasta, oil, milk, eggs, baked goods, sodas, and sugar. In this way they wish to keep on with their progress and continue to expand their business.

Translated from Spanish by Diane Lister, Kiva Volunteer.




La señora Felicia esta casada con el señor Luis Valdez de 49 años, tienen 2 hijos que actualmente van al colegio. Felicia anteriormente se dedicaba a la venta de loterías en las calles mientras que su marido vendía diarios. Luego de varios años de ahorro, ellos lograron montar un pequeño kiosco donde además de sus loterías y diarios vendían golosinas y comidas rápidas.



El deseo de ambos de progresar, los ha llevado siempre a superarse en sus proyectos, luego de su kiosco pudieron ampliar el negocio y abrir una despensa gracias a créditos anteriores que se le fueron otorgados en la Fundación Paraguaya, y que actualmente funciona con muy buena cantidad y variedad de mercaderías.




Hoy día ellos solicitan un crédito para surtir su negocio con mercaderías como: arroz, fideo, aceite, leche, huevo, panificados, gaseosa, azúcar. De este modo desean seguir progresando y ampliar cada vez mas el negocio.

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
  • 77
    View loans »
    Paraguay Loans Fundraising
  • $30,204,950
    Funds lent in using Kiva
  • 4,582.0
    Paraguay Guarani (PYG) = $1 USD

Success!! The loan was 100% repaid

A loan of $1,100 helped Felicia purchase of merchandise, rice, pasta, oil, milk, eggs, baked goods, sodas, sugar.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Disbursed:
Apr 10, 2008
Listed
Mar 25, 2008
Currency Exchange Loss:
Covered
Ended:
Apr 15, 2009