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Mrs. Carmen M. D. C. is 48 years old and married to Mr. Ramon C., 55. They have three older children. Carmen owns a small grocery store that is located in the city Union. It is a well-stocked store, attracting a large clientele. She has a substantial income from this business as well as excellent references, both professional and personal.

She has a project to expand her store to a mini supermarket that is well-stocked, as she already has many clients. She would also like to her expand her business space.

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
  • 28
    View loans »
    Paraguay Loans Fundraising
  • $37,192,625
    Funds lent in using Kiva
  • 5,040.0
    Paraguay Guarani (PYG) = $1 USD

Success!! The loan was 100% repaid

A loan of $1,000 helped Carmen capital for her business.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
May 26, 2009
Jul 1, 2009
Currency Exchange Loss:
Jun 15, 2010