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View original language description ↓
Mrs. Nidia is 36, and is married to Mr. Cristino Espínola. More than ten years ago she migrated from the interior of the country to the city of Luque, where she sells meals for workers of a known factory that is meters away from her home.

Nidia’s family is made up of two school-aged children and her husband, who has worked as a fireman in the city airport for more than 8 years.

The requested loan is for the expansion of her business, which will allow her to work more comfortably and provide better service to her clients.

Translated from Spanish by Helen Smith, Kiva volunteer.

La señora Nidia tiene 36 años de edad, esta casada con el señor Cristino Espínola. Hace más de 10 años migró del interior de país a la ciudad de Luque, donde se dedica a la venta de comidas para empleados de una conocida fábrica que se encuentra a metros de su domicilio.

La familia de Nidia esta constituida por sus 2 hijos que están en edad escolar y su marido, quien trabaja como bombero en el aeropuerto de la ciudad hace más de 8 años.

El préstamo que solicita es para la ampliación de su negocio, así de esa forma poder trabajar cómodamente y brindar mejor servicio a sus clientes.

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
  • 57
    View loans »
    Paraguay Loans Fundraising
  • $33,516,125
    Funds lent in using Kiva
  • 4,020.0
    Paraguay Guarani (PYG) = $1 USD

Success!! The loan was 100% repaid

A loan of $1,200 helped Nidia expansion of commercial space.
100% repaid
Repayment Term
10 months (Additional Information)
Repayment Schedule
Aug 10, 2008
Jul 3, 2008
Currency Exchange Loss:
Apr 15, 2009