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Mrs. Hilaria G. is single and lives in her own home with her two daughters, one of whom works in Spain. This daughter also helps support the family.

Mrs. G. has a business in one of the busiest markets in downtown Asunción, and has applied for a loan to buy more items to sell -- fruits, vegetables sweets and medicine. She also sells traditional teas which are grown locally, honey and cheese. Mrs.G. starts work in the early hours of the morning (at around 4:00 a.m.), when she goes out to buy the items she needs to run her business. One of her biggest goals is to be able to expand her business and open a store in which she can offer a more comfortable and enjoyable environment for her clients.

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
  • 47
    View loans »
    Paraguay Loans Fundraising
  • $38,032,600
    Funds lent in using Kiva
  • 5,030.0
    Paraguay Guarani (PYG) = $1 USD

Success!! The loan was 100% repaid

A loan of $1,000 helped Hilaria the buy fruits, vegetables, cheese, honey and sweets to sell to her customers.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
May 20, 2009
Jun 17, 2009
Currency Exchange Loss:
Jun 15, 2010