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Cristina

Update on Cristina

Cristina is a hardworking and enterprising woman who is getting ahead and makes an effort to grow. She says that she has good experience in this area because she has been doing this for a long time. She also says that the previous Kiva loan allowed her to make many improvements and continue to grow. Cristina’s goal is to continue expanding her business.

She is asking for this loan to buy merchandise such as meats, fruits, drinks, vegetables, and other things for her store so she can continue her sales. She is grateful for this new opportunity.
View original language description ↓
Cristina es una persona muy trabajadora y emprendedora, con mucho esfuerzo esta saliendo adelante y se esfuerza por crecer. Cuenta que tiene muy buena experiencia en el ramo ya que lleva mucho tiempo en el. Comenta tambien que gracias al credito anterior de kiva ha podido mejorar mucho y seguir creciendo. La meta de Cristina es poder seguir ampliando su local.
Solicita de este crédito para poder invertirlo en la compra de insumos para su despensa, como ser carnes, frutas, bebidas, verduras y demás insumos y de esa forma seguir con sus ventas. Agradece la nueva oportunidad que esta recibiendo.

Previous Loan Details

Cristina is from the city of Santaní and she is 50 years old. She tells us she has a food store that she has had for 10 years, which is why she says she has a little experience in this work. She describes herself as a very hardworking and enterprising woman who struggles day after day to help... More from Cristina's previous loan »

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.

Concurrent and Successive Loans

Our Field Partners often work with borrowers over a series of loans as the borrowers build credit, take out bigger loans, and expand their businesses. In order to make it easier for our Field Partners to post loans for borrowers who have been listed on Kiva before, we allow them to post successive and concurrent loans for their Kiva borrowers. This means that our Field Partners are able to post a borrower's second, third, etc., loan on Kiva without having to re-enter all of the borrower's information.

This borrower has been listed on Kiva before, so you'll see an updated loan description, as well as excerpts of the original descriptions from earlier loans. Most borrowers take out loans consecutively, meaning that they receive a second loan after having repaid the first. However, sometimes our Field Partners give out concurrent loans, allowing borrowers to take out one primary loan and a secondary "add-on" loan along with it. These "add-on" loans are typically smaller than the borrower's primary loan and serve a different purpose. Because Field Partners can now post loans as successive and concurrent loans, you will be able to track borrower progress over time and see the various ways a borrower is working with our Field Partners through funds from Kiva’s lenders.

About Paraguay

  • $4,555
    Average annual income
  • 52
    View loans »
    Paraguay Loans Fundraising
  • $28,281,075
    Funds lent in using Kiva
  • 4,158.2
    Paraguay Guarani (PYG) = $1 USD

Success!! The loan was 100% repaid

A loan of $1,325 helped Cristina to stock her store.
100% repaid
Repayment Term
15 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Mar 26, 2013
Listed
Apr 28, 2013
Currency Exchange Loss:
Covered
Ended:
May 22, 2014
This photo was used before for a previous loan for Cristina. It was first posted on Kiva on Dec, 2011. Learn More