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Ramona
Ramona is 51-years old, married, and has six children. In her business, which is 15-years old, she sells all types of consumables. The loan will be used to buy all kinds of merchandise for the typical buyer, keeping her store well-stocked. The income from her business allows her to cover her family's household expenses as well as education costs.

At first it was difficult to start her business, as she didn't have much starting capital and her initial investments were thanks to her savings and the help of her husband, who was able to obtain some money.

In this enterprise Ramona has the support and company of her two older children, who help her to attend to the store on the days when she has to leave to make purchases and are very responsible in their work.
View original language description ↓
La sra. Ramona tiene 51 años, esta casada, y tiene 6(seis) hijos. Su negocio tiene una antiguedad de 15 años y en su negocio vende todo tipo de mercaderias de consumo. La inversión del préstamo, lo destinó a la compra de todo tipo de mercaderias para la canasta fliar, lo que hizo su negocio este bién surtido. Los ingresos que le genera este negocio le permite cubrir los gastos propios de su familia además de los gastos del colegio de sus hijos.

Al inicio comenta que fue muy duro y difícil iniciar este negocio ya que no contaba con capital, y las primeras inversiones realizadas fueron gracias a sus ahorros y con la ayuda de su marido que le facilito un pequeño capital.

En este emprendimiento Ramona tiene el apoyo y acompañamiento de sus dos hijos mayores quienes la ayudan en atender su negocio los dias que ella sale a hacer las compras y que muestran gran responsabilidad en la hora de hacerlo.

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
  • 27
    View loans »
    Paraguay Loans Fundraising
  • $28,082,175
    Funds lent in using Kiva
  • 5,115.0
    Paraguay Guarani (PYG) = $1 USD

Success!! The loan was 100% repaid

A loan of $1,000 helped Ramona purchase of merchandise for consumption.
100% repaid
Repayment Term
12 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Mar 6, 2009
Listed
Apr 3, 2009
Currency Exchange Loss:
Covered
Ended:
Feb 22, 2010