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Maria
Mrs. D. is 58 years old, married, and has two children. For the last 26 years she has owned and operated a small, well-stocked store, that is located in the Loma neighborhood of Caacupé. This neighborhood is full of people and most of the entrepreneurs make and sell chipas. They are the people who generate daily work and thus move the economy of the area. Mrs. D. benefits from these workers, because they spend their earnings at the area’s small stores, where they buy the products that they need each day.

Mrs. D. says that she is worried about the emigration of young people to other countries in search of work. She hopes that the situation will improve with the creation of more sources of work, especially for the people of the mountain region because there are many young, hard-working people there.

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
  • $29,519,225
    Funds lent in using Kiva
  • 5,110.0
    Paraguay Guarani (PYG) = $1 USD

Success!! The loan was 100% repaid

A loan of $1,000 helped Maria for the purchase of goods such as sugar, milk, noodles, rice, meat, and beverages.
100% repaid
Repayment Term
12 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jan 23, 2009
Listed
Feb 20, 2009
Currency Exchange Loss:
Covered
Ended:
Dec 15, 2009