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Virginia
Señora Virginia is married. She has an adult daughter and two grandchildren. She lives with her husband. They have had a store for 15 years, and she comments that she began this undertaking after having been in clothing sales. After some years, a number of her customers stopped paying them on time, and this brought them to economic failure. After that, and with a little capital lent by a relative, Señora Virginia invested in the purchase of various products such as rice, oil, sugar, milk, eggs, and other basic necessities to resell them in her neighborhood. As this went well for them, she rented a space near their house and continued with their store. Thanks to this business, she was able to have her daughter complete her studies. Now her daughter has graduated. She is asking for this loan to be able to invest it in the purchase of oil, sugar, eggs, candies, cakes, powdered soap, fabric softeners, etc. With these items, she will be able to continue with her sales and thus continue offering her clients a good variety of products.
View original language description ↓
La Sra. Virgina, es casada, tiene una hija mayor y dos nietos. Vive junto con su marido, tienen una despensa hace 15 años, y comenta que empezó este emprendimiento después de haber estado en el rubro de venta de ropa, luego de unos años, varios de sus clientes empezaron a dejar de pagarles en fecha y esto los llevo a quebrar económicamente, posterior a eso y con un pequeño capital prestado de un familiar, la señora invierte en compra de productos varios como arroz, aceite, azucar, leche, huevo y otras de primera necesidad para revenderlos en el barrio. Como les fue bien alquiló un salón cerca de su casa y siguió con su despensa. Gracias a este negocio pudo llegar a hacerle terminar a su única hija la facultad, ahora la hija es licenciada.
Pide de este préstamo para poder invertirlo en la compra de aceite, azúcar, huevo, golosinas, tortas, jabón en polvo, suavizantes, etc. Con lo que podrá seguir con sus ventas y así seguir ofreciendo a sus clientes una buena variedad de productos.

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

  • $8,400
    Average annual income
  • 112
    View loans »
    Paraguay Loans Fundraising
  • $31,595,250
    Funds lent in using Kiva
  • 4,431.8
    Paraguay Guarani (PYG) = $1 USD

Success!! The loan was 100% repaid

A loan of $1,225 helped Virginia to buy oil, sugar, eggs, candies, cakes, powdered soap, fabric softeners, etc., to sell.
100% repaid
Repayment Term
9 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Oct 17, 2013
Listed
Nov 22, 2013
Currency Exchange Loss:
Possible
Ended:
Jun 17, 2014