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Juana
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Juana Gómez owns a store that she opened thanks to some savings and a loan from Fundación Paraguaya. She knows that it’s tough to start a small business because traditional financial institutions generally don’t want to give credit to people with few resources. Because of this she contacted Fundación Paraguaya and presented her business project, winning support to start her business.


Today Juana is happy that her business is doing well. She is the mother of five and lives with her spouse. Her husband helps by minding the store. Juana sacrifices a lot, and her day starts at 4am when she goes to the municipal market to buy necessary supplies.


Juana’s business is in her home, and is open from 6am to 9:30pm. In addition, she runs a bakery, making cakes and other desserts for birthday parties by request. Juana is a very active woman and says that working makes her happy, because she knows that many people from her country don’t have the same good luck.


Juana would like a loan to buy various merchandise for her store, such as: tea, drinks, noodles, and rice. She’ll also purchase ingredients for baking, like: milk, sugar, flour, coloring, flavoring, chocolates, vanilla, eggs, and more.

Translated from Spanish by Sarah Bishop, Kiva Volunteer.



Juana Gómez posee una despensa que logro abrir gracias a un pequeño ahorro que tenía y créditos que consiguió con la Fundación Paraguaya Ella cuenta que es muy difícil iniciar una micro empresa pequeña con ayuda de entidades financieras ya que por lo general, no quieren otorgar créditos a personas de escasos recursos; fue así que contacto con la Fundación Paraguaya y presentando su proyecto de negocio logró conseguir un apoyo para iniciar su emprendimiento.



Hoy día ella cuenta feliz que su negocio marcha bien, ella es madre de cinco e hijos y vive en pareja. Su pareja la ayuda en el negocio con la atención del mismo. Juana lleva una vida muy sacrificada ya que su jornada empieza a las 4 am que es cuando va al mercado municipal de la ciudad para comprar las mercaderías necesarias para su despensa.



El negocio lo tiene en su domicilio y abre desde las 6 am hasta las 9:30 pm. Además de esto ella se dedica a la repostería, haciendo tortas y confites para cumpleaños y acontecimientos bajo pedido. Es una mujer muy activa y cuenta que el trabajo la hace feliz, ya que sabe que muchas personas en nuestro país no cuentan con la misma suerte que ella.



Juana solicita el préstamo para la compra de varios artículos de almacén como yerba, bebidas, fideos, arroz así como también ingredientes para la elaboración de sus tortas como leche, azúcar, harina leudante, colorantes permitidos, esencias varias, chocolates, vainillas, huevos y otros.

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
  • 74
    View loans »
    Paraguay Loans Fundraising
  • $30,204,950
    Funds lent in using Kiva
  • 4,150.0
    Paraguay Guarani (PYG) = $1 USD

Success!! The loan was 100% repaid

A loan of $725 helped Juana purchase tea, sugar, flour, canned goods, drinks, eggs, noodles, coloring, vanilla, etc.
100% repaid
Repayment Term
12 months (Additional Information)
Repayment Schedule
Monthly
Disbursed:
Jun 7, 2008
Listed
May 19, 2008
Currency Exchange Loss:
Covered
Ended:
Apr 15, 2009