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Elvira W. has been a client of Kiva partner Fundacion Paraguaya for three years, standing out by making her payments well. She is a single mother, which is why she works doubly hard as the head of household. She has no other income to pay for her home's expenses.

She began her business of buying and selling 10 years ago, selling, door to door, clothes for various occasions until she earned a little bit of money to set herself up in her own location, where she has been until now, relying on a wide stock of merchandise. This allows her to be optimistic about the end of the year, when there are more expected sales.
View original language description ↓
La señora Elvira W. es cliente de la Fundación Paraguaya hace 3 años, destacándose por su pago excelente, es madre soltera por lo que sus esfuerzos se redoblan por tener el papel de jefa de hogar y no tener otro ingreso para sustentar los gastos de la casa. Se inició en el negocio de compra y venta hace 10 años , vendiendo ropa de ocasión casa por casa hasta lograr un pequeño capital para establecerse en su local propio hasta hoy día , contando con un amplio stock de mercaderías varias lo cual le permite mirar con optimismo el periodo de fin de año donde hay mas expectativas de ventas.

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
  • 23
    View loans »
    Paraguay Loans Fundraising
  • $33,435,850
    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 Elvira purchase a variety of shoes and items imported from Bolivia for end-of-year sales.
100% repaid
Repayment Term
7 months (Additional Information)
Repayment Schedule
Dec 2, 2008
Jan 3, 2009
Currency Exchange Loss:
Jun 15, 2009