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Inocencia
Inocencia Otazú is 24 years old, single but living with a partner with whom she has a young child. She owns her own home, inherited from her parents. She has been working since she was quite young, from the time she was 16, buying and selling clothing and shoes for ladies, blouses, costume jewelry and other seasonal articles. Her initial investment in the business was Gs. 500.000 - which has appreciated with the passing years and continues to improve thanks to her good management. She now has good working capital and continues to expand due to high demand from clients of all ages. She wishes to invest in the purchase of more seasonal clothing.

Innocence Otazú wants to invest in the future by renovating her home and providing more convenience to her customers.
La señorita Inocencia Otazú tiene 24 años, es soltera, pero vive en pareja con quien tiene 1 hijo menor de edad y posee casa propia que heredó de sus padres, se inició en su actividad desde muy joven a partir de los 16 años, que es la compra-venta de artículos de mercería como zapatos para damas, blusas, bijouteries varios y otros artículos de temporada, su capital incial fue de Gs. 500.000.- que fue ampliando con el correr de los años y fue progresando gracias a la buena administración en sus negocios, ahora posee buen capital de giro y sigue creciendo por la gran demanda de sus clientes de varios años, desea invertir siempre para la compra de más prendas de temporada.
Inocencia Otazú desea invertir en el futuro para la refacción de su vivienda y ofrecer más comodidad a sus clientes.

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
  • 49
    View loans »
    Paraguay Loans Fundraising
  • $27,437,225
    Funds lent in using Kiva
  • 4,939.6
    Paraguay Guarani (PYG) = $1 USD

Success!! The loan was 100% repaid

A loan of $1,025 helped Inocencia to buy ladies' shoes, blouses, shorts, costume jewelry.
100% repaid
Repayment Term
12 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Dec 2, 2008
Listed
Dec 31, 2008
Currency Exchange Loss:
Covered
Ended:
Nov 24, 2009