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Sonia
Ms. G. is 30 years old and not married. She is a hairdresser and her salon is located in the Kennedy neighborhood of the city of Caacupé. She has been working as a hairdresser for more than 12 years, and now she has a permanent clientele, made up especially of the area’s civil servants, who always come to her salon to request manicures, pedicures, hair coloring, and hair cuts.

She says that her greatest achievement was to have located her salon in an area with many people and to equip it with the necessary equipment to provide the services that are in the highest demand. This enabled her to grow her clientele and make herself well-known in the neighborhood.

Ms. G. has a related project to augment her business with the purchase of display cabinets where she would be able to sell jewelry and beauty products, among other things.

With the loans she receives from Fundación Paraguaya she can buy furniture and some accessories for her hair salon.

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
  • 93
    View loans »
    Paraguay Loans Fundraising
  • $30,930,425
    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 Sonia supplies such as hair dyes, creams, shampoos, and furniture for the salon.
100% repaid
Repayment Term
13 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jan 21, 2009
Listed
Feb 20, 2009
Currency Exchange Loss:
Covered
Ended:
Jan 15, 2010