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Cristina
View original language description ↓

Señora Cristina R. is a very self sacrificing and hard-working woman. She is an old settler of a very poor and marginal area located in the poor area of greater Asunción.



She has a pantry and has been able to raise 6 children with this work. Four of her children have already formed their own homes. Two of them are still small and she continues maintaining them in everything, especially in their studies. She has her own house and she is alone without the aid of a husband.



In her pantry, she markets food and consumer staples for the home. In addition she sells some fast foods in order to obtain an extra income.



The loan will permit her to enlarge her stock of merchandise, varying the brands and types of products. In this way her clients will have more choices of things to purchase and she will avoid having them go to the supermarkets that are the greatest competition for the neighborhood pantries.



Translated from Spanish by B, Kiva Volunteer.


La señora Cristina R., es una mujer sacrificada y muy trabajadora, ella es pobladora antigua de una zona marginal y muy pobre ubicada en la zona baja de la gran Asunción.



Ella posee una despensa, que le permitió criar a 6 hijos con este trabajo, de las cuales 4 ya han formado también su hogar y 2 aún menores a quien ella sigue manteniendo en todos especialmente en sus estudios. Tiene casa propia y ella está sola sin la ayuda de un marido.



En su despensa, comercializa comestibles y artículos de primera necesidad para el hogar, además vende algunas comidas rápidas para de este modo obtener un ingreso extra.



El crédito le permitirá aumentar su stock de mercaderías variando entre marcas y tipos de productos, pues de este modo, sus clientes tendrán más opciones de compra y evitará que acudan a los supermercados que son la gran competencia para las despensas de los barrios.

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.

About Paraguay

  • $4,555
    Average annual income
  • 59
    View loans »
    Paraguay Loans Fundraising
  • $27,639,125
    Funds lent in using Kiva
  • 3,992.9
    Paraguay Guarani (PYG) = $1 USD

Success!! The loan was 100% repaid

A loan of $775 helped Cristina to buy merchandise such as meat, flour, oil, vegetables, fruits, canned goods, baked goods and carbonated drinks.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Monthly
Disbursed:
Sep 15, 2008
Listed
Sep 1, 2008
Currency Exchange Loss:
Covered
Ended:
Mar 16, 2009