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Iluminada
Mrs. Illumindada lives in a neighborhood below the capital, a neighborhood named La Chacarita, where she relies on her provisions shop for economic improvement. The provisions shop has a selection of various types of merchandise, of which the strong point is the sales of well-chilled drinks.

She began with a small kiosk, after which, thanks to her earnings, the shop began to grow, and she was encouraged to take out a loan for the shop. The actual loan is for buying more merchandise, things like fruits, vegetables, meat, chickens, nonperishables, and other types of merchandise.

She thinks it worthwhile to point out that the shop has been growing with the help of the Paraguayan Foundation.
View original language description ↓
La Sra. Iluminada vive en un barrio bajo de la capital, denominada barrio de la Chacarita, allí cuenta con una despensa la cual es su fuente de ingresos económicos. La despensa esta surtida con varios tipos de mercaderías, siendo especialmente su punto fuerte la venta de bebidas bien frías.

Empezó con un pequeño Kiosco, después gracias a sus ganancias empezó a crecer y se animo a quitar créditos con nuestra entidad. El crédito actual es para la compra de más mercaderías, tales como frutas, verduras, carne, pollos, productos no perecederos y otros tipos de mercaderías.

Vale la pena destacar que ha crecido mucho comercialmente, con ayuda de la Fundación Paraguaya.

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
  • 45
    View loans »
    Paraguay Loans Fundraising
  • $28,281,050
    Funds lent in using Kiva
  • 5,169.3
    Paraguay Guarani (PYG) = $1 USD

Success!! The loan was 100% repaid

A loan of $700 helped Iluminada to buy merchandise to resell such as: meat, chicken, cheese, flour, canned food, drinks, rice, etc.
100% repaid
Repayment Term
11 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jan 13, 2009
Listed
Jan 29, 2009
Currency Exchange Loss:
Covered
Ended:
Nov 15, 2009