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Magna
Magna, 38, is married to Crispin who has two trucks, one for buying and selling recycled goods and another for use in sewage system services.

Magna has a store where she sells basic needs items, such as sugar, bread, milk, meat and bulk goods. She has adolescent children who are in school and help with the housework. They also help with the store. Magna says her parents were the ones who taught her the merchant trade and her siblings also have their own businesses.

Magna is requesting a loan to buy basic products for her store so she can continue offering her customers everything they need.
View original language description ↓
La Sra. Magna de 38 años está casada con el Sr. Crispin, quien tiene dos camiones que están trabajando, uno en la compra y venta de reciclados y otro en el Servicio de desagües cloacales.
Magna se dedica al comercio y tiene una despensa donde se dedica a la venta de artículos de primera necesidad como azúcar, panificados, lácteos, carnes y productos a granel. Tiene hijos adolescentes que están estudiando y que le ayudan con los quehaceres de la casa y también la ayudan en el negocio. Magna cuenta que sus padres fueron los que le inculcaron al comercio y que todos sus hermanos también cuentan con sus negocios propios.
Magna solicita de este crédito para la compra de productos de primera necesidad para poder abastecer su negocio y de esa forma poder seguir surtiendo a sus clientes con todo lo que necesitan.

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
  • 4,083.7
    Paraguay Guarani (PYG) = $1 USD

Success!! The loan was 100% repaid

A loan of $1,350 helped Magna to buy supplies for her store.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jan 16, 2013
Listed
Feb 16, 2013
Currency Exchange Loss:
Covered
Ended:
Mar 17, 2014