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Cynthia
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Cynthia is 25 years old and she has been married to her husband Cándido for 5 years. From this union they have given birth to two children, 4 and 3 years old respectively.



Cynthia's work is to make cigars (made with tobacco and branded as habanos). She began this activity 13 years ago helping her mother in the beginning, who also does the same work. Later, and with practice, Cynthia also acquired the profession.



This was how she took over the business when her mother moved away, looking for work. Today, she has a good clientele formed, and it is going well.



Cynthia's dream is to build her own house. For this reason she has acquired land where she is thinking to build in the near future. For this opportunity she needs the loan in order to buy the tobacco in large quantities as there is a large demand.



Translated from Spanish by Jessica Kaminsky, Kiva Volunteer.




Cynthia tiene 25 años y está casada hace 5 años con Cándido de dicha unión nacieron dos hijos de 4 y 3 años respectivamente.


Cynthia se dedica a la fabricación de cigarros (hecho a base de tabaco y parecido al habano). Cuenta que comenzó hace 13 años en la actividad ayudando en un comienzo a su madre que también se dedicaba a lo mismo. Más adelante y con la práctica ella también fue adquiriendo la profesión.


Fue así que cuando su madre viajó al exterior en busca de trabajo ella se hizo cargo del negocio.


Hoy día ya cuenta con muy buena clientela formada y le va bastante bien.


El sueño de Cynthia es construir su casa propia, para tal efecto ya ha adquirido un terreno en donde piensa edificar en un futuro no muy lejano.


En esta oportunidad necesita de el préstamo para la compra de tabaco en grandes cantidades debido a que cuenta con una gran demanda.

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
  • 17
    View loans »
    Paraguay Loans Fundraising
  • $29,311,225
    Funds lent in using Kiva
  • 4,267.0
    Paraguay Guarani (PYG) = $1 USD

Success!! The loan was 100% repaid

A loan of $1,175 helped Cynthia to buy bundles of tobacco.
100% repaid
Repayment Term
7 months (Additional Information)
Repayment Schedule
Monthly
Disbursed:
May 28, 2008
Listed
May 13, 2008
Currency Exchange Loss:
Covered
Ended:
Oct 17, 2008