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Miguela
Miguela has been a widow for a year and a half. She has 2 daughters that are university students and they help her with her business.


Miguela has always worked in the market selling items and her husband was a public servant. Ms. Miguela worked hard to start her own business which she operates in a commercial space that is attached to her home. Her home is located next to the municipal marketplace in the city of Luque. Now they have many customers who are generally employees of the surrounding businesses.


She would like her daughters to graduate from the university and start their own businesses. She also rents commercial spaces that are located in the front part of her home. These commercial spaces are very desirable since they are located in the preferred zone of the municipal marketplace.


(Translated by Ashlee of San Roque High School)

View original language description ↓
La señora Miguela enviudó hace un año y medio, tiene dos hijas que estudian en la facultad y la ayudan en el negocio.

La señora siempre trabajó en el mercado en ventas y su marido era empleado público. Con mucho esfuerzo lograron montar un negocio propio en su domicilio en las inmediaciones del Mercado Municipal de la ciudad de Luque. Actualmente cuentan con varios clientes generalmente empleados de los comercios vecinos.

Le gustaría que sus hijas terminen la universidad y que administren su propio negocio. También alquila salones comerciales en la parte del frente de su domicilio aprovechando la zona preferencial al mercado municipal.

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
  • 86
    View loans »
    Paraguay Loans Fundraising
  • $31,419,450
    Funds lent in using Kiva
  • 5,090.0
    Paraguay Guarani (PYG) = $1 USD

Success!! The loan was 100% repaid

A loan of $750 helped Miguela to purchase bread, oil, flour, eggs, shoes, pants, T-shirts, dress shirts.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Feb 27, 2009
Listed
Mar 27, 2009
Currency Exchange Loss:
Covered
Ended:
Mar 15, 2010