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Norma
Norma is 55 years old and has a few children who are now all grown. Together with her husband she has managed a grocery store for many years. She also owns a property with various storefronts with she rents. They are both older and do not have any children to look after. They started 20 years ago with a small investment, selling herbs, surgar, flour, and other staple and non-perishable goods in the neighborhood. Things went well for them so they decided to invest more in their business, buying more products and growing their business substantially.

With that motive and with their savings, they were able to buy a property and have constructed unit by unit until completing the fifth of five units they presently own. Norma is requesting this loan in order to repair the facades of the units which she rents so that she can continue to provide excellent service to her tenants.
View original language description ↓
La Sra. Norma tiene actualmente 55 años, tiene varios hijos pero ya todos mayores. Junto con su marido se dedican a atender una despensa hace ya varios años, además tiene una propiedad con varias piezas que alquila. Ambos son mayores y no tienen personas a su cargo. Empezaron con un pequeño capital hace aproximadamente 20 años.
Vendiendo yerba, azúcar, harina, y demás alimentos básicos no perecederos en el barrio. Como les fue bien se animaron a invertir más en el negocio, fue así que compraron más productos y creció bastante su negocio.
Por ese motivo y gracias a sus ahorros lograron comprar una propiedad y fueron levantando pieza por pieza hasta completar 5 que tienen actualmente.
Ella solicita de este crédito para poder reparar la fachada de las piezas que ella alquila, para poder seguir dando un buen servicio a sus inquilinos.

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.

Tags

About Paraguay

  • $4,555
    Average annual income
  • 70
    View loans »
    Paraguay Loans Fundraising
  • $29,035,975
    Funds lent in using Kiva
  • 4,475.0
    Paraguay Guarani (PYG) = $1 USD

Success!! The loan was 100% repaid

A loan of $1,475 helped Norma to repair facades in the units she rents out.
100% repaid
Repayment Term
15 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Sep 16, 2013
Listed
Oct 15, 2013
Currency Exchange Loss:
Possible
Ended:
May 22, 2014