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Silvia
Silvia, 23, is single and lives with her parents. Last year she finished her college degree in accounting. Silvia has had a shop, where she sells clothing, and costume and silver jewelry, for four years. She opened her business in the city's center when she started college. She rented a commercial space with help from her father, who gave her the initial capital. The business has grown, as she has applied her knowledge every day to help it prosper.
She has applied for a loan to buy pants, blouses, t shirts, wallets, chains, bracelets, rings, and underwear to fill customer orders and increase her income.
View original language description ↓
La señorita Silvia es una joven de 23 años, es soltera y vive todavía con sus padres, el año pasado termino su carrera universitaria siendo Licenciada en Ciencias Contables.
La señorita Silvia tiene un negocio de ropería, artículos de bijouterie y joyas de platas desde hace 4 años, cuando empezó su estudio universitario, monto su propio negocio en el centro de la ciudad alquilando un salón comercial ayudada por su papa que le dio el capital inicial y luego fue creciendo con el tiempo ya que fue aplicando sus conocimientos y así progresar cada día en su negocio.-
Ella solicita el préstamo para la compra de ropas como pantalones, blusas, remeras, carteras, cadena, pulsera, anillos, ropa interior y así poder cubrir los pedidos que tiene y por ende mejorar sus ingresos.-

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
  • 49
    View loans »
    Paraguay Loans Fundraising
  • $28,602,050
    Funds lent in using Kiva
  • 4,452.4
    Paraguay Guarani (PYG) = $1 USD

Success!! The loan was 100% repaid

A loan of $1,225 helped Silvia to buy pants, blouses, t shirts, wallets, chains, bracelets, rings, and underwear.
100% repaid
Repayment Term
17 months (Additional Information)
Repayment Schedule
Irregularly
Pre-Disbursed:
Jun 19, 2013
Listed
Jul 22, 2013
Currency Exchange Loss:
Covered
Ended:
Aug 17, 2014