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Zunilda

Update on Zunilda

Zunilda is from the city of San Lorenzo. She is a very dedicated lady whose sales are moving forward. This is her second credit from Kiva, and she says that her last credit has allowed her to stock her business and given her the ability to offer a greater variety to her clients.

Today, she is seek a new credit to allow her to buy rice, noodles, tea, baked goods, meats, and more supplies in order to continue offering her clients what they are looking for. She is thankful for this new opportunity that she is receiving.
View original language description ↓
Zunilda es de la ciudad de San Lorenzo, una mujer muy dedicada, que por medio de sus ventas esta saliendo adelante. Este es su segundo crédito en Kiva, y cuenta que por medio de su crédito anterior ha podido surtir su negocio y ofrecer mayor variedad a sus clientes.
Hoy solicita de un nuevo crédito para poder invertirlo en la compra de arroz, fideos, yerba, panificados, carnes y demás insumos y de esa forma poder seguir ofreciendo a sus clientes lo que buscan. Agradece por esta nueva oportunidad que esta recibiendo.

Previous Loan Details

Zunilda, 38, has had a grocery store for 7 years and it has a well-formed clientele from her neighborhood and adjacent areas. It’s a constant sacrifice for her because she has to rise at dawn to make her purchases and meet customer demand. Zunilda comments that her dream is to be able to enla... More from Zunilda'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.

Tags

About Paraguay

  • $8,400
    Average annual income
  • 94
    View loans »
    Paraguay Loans Fundraising
  • $31,365,875
    Funds lent in using Kiva
  • 4,449.4
    Paraguay Guarani (PYG) = $1 USD

Success!! The loan was 100% repaid

A loan of $1,250 helped Zunilda to buy rice, noodles, tea, baked goods, meats and more supplies.
100% repaid
Repayment Term
15 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jul 26, 2013
Listed
Sep 5, 2013
Currency Exchange Loss:
Covered
Ended:
Aug 17, 2014
This photo was used before for a previous loan for Zunilda. It was first posted on Kiva on Oct, 2012. Learn More