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Liz
Liz, 23, is single with one son and lives in the city of Carapeguá. She is a very hardworking and enterprising young lady who fights to give her son everything he needs and ensures that he is not struggling.

Liz is the daughter of an artisan who is well known in her area. From a very young age she began working with her ​​mother in the family business, and with her ​​help she managed to start her own business selling bedspreads and hammocks. Liz has already established a customer base in her neighborhood, and orders for her products are increasing. Thanks to her hard work and dedication she has able to produce a variety of items to order.

Liz is requesting this loan to invest in yarn, fabric and other materials this season to meet the demands of her customers, so that she can continue working. She is a young, enterprising fighter who wants to get ahead in life.
View original language description ↓
La Srta. Liz tiene 23 años de edad, es soltera, tiene un hijo y vive en la ciudad de Carapeguá. Ella es una persona muy trabajadora y emprendedora, que lucha por su hijo, para poder darle todo lo que el necesita y que no pase por ninguna privación.
Esta señorita es hija de una conocida artesana de la zona, ella desde muy pequeña empezó a trabajar con su madre en el negocio y con la ayuda de ella logró montar su propio negocio que es la venta de sobrecamas y hamacas. Actualmente ya tiene clientela formada en la zona y así aumenta su pedido de productos, gracias a su esfuerzo y dedicación ya pudo hacerse de varias comodidades.
Solicita el préstamo para la compra de hilo, telas y otros que en esta temporada lo solicitan mucho sus clientes, para poder seguir trabajando. Ella es una joven muy emprendedora y luchadora que quiere salir adelante.

Additional Information

More information about this loan

This loan is designed for young people aged 15 to 25 whose families are living in poverty and who wish to start a new business or improve an existing business. As part of its Youth Entrepreneurship program, Fundación Paraguaya’s staff members offer mentorship, as well as training courses and workshops in finance and business administration. Borrowers also receive standard benefits like health coverage and life insurance. This type of loan is not offered by most other financial institutions in Paraguay. Young borrowers are often considered to be too risky because they lack prior credit history or business experience.

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
  • 64
    View loans »
    Paraguay Loans Fundraising
  • $29,035,975
    Funds lent in using Kiva
  • 4,159.4
    Paraguay Guarani (PYG) = $1 USD

Success!! The loan was 100% repaid

A loan of $1,325 helped Liz to purchase yarn, fabric, etc.
100% repaid
Repayment Term
13 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Mar 22, 2013
Listed
Apr 22, 2013
Currency Exchange Loss:
Covered
Ended:
Mar 17, 2014