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Brigida

Update on Brigida

Brigida says that she puts forth great effort for her family. Together, she and her husband struggle to get ahead in her business of selling food. She says that she used the previous Kiva loan to buy supplies for the food that she sells.

Brigida is now requesting a new loan to be able to buy meat, baked goods, vegetables, condiments, and the rest. With this she will be able to continue with her sales and helping her family. She is grateful for this new opportunity that she is getting because the previous loan was a great help to her.
View original language description ↓
Brigida comenta que se esfuerza mucho por su familia y que en conjunto con su marido luchan por salir adelante en su negocio de venta de comidas. Ella comenta que su anterior préstamo de kiva lo uso en la compra de insumos para los alimentos que vende.
Brigida hoy pide de un nuevo préstamo para poder invertirlo en comprar carne, panificados, verduras, condimentos y demás, y con ello poder seguir con sus ventas y ayudando a su familia. Agradece por esta nueva oportunidad que recibe, ya que su anterior préstamo le fue de mucha ayuda.

Previous Loan Details

Brigida is from the city of Pilar, is a merchant and is also a state employee. Together with her husband, she has a point of sales of foods and drinks in which they work together. She has had the sales of fast foods like sandwiches, hamburgers, hot dogs and sausages for 15 years. The food stall is… More from Brigida'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.

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About Paraguay

  • $4,555
    Average annual income
  • 27
    View loans »
    Paraguay Loans Fundraising
  • $28,082,175
    Funds lent in using Kiva
  • 4,687.0
    Paraguay Guarani (PYG) = $1 USD

Success!! The loan was 100% repaid

A loan of $1,175 helped Brigida to buy meat, baked goods, vegetables, condiments, and the rest.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jan 13, 2014
Listed
Feb 24, 2014
Currency Exchange Loss:
Possible
Ended:
Mar 17, 2015