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Ms. Karina M. is 26 years old, single and lives with her family. Karina´s parents emigrated to Argentina when they realized that their intended line of work required experience in construction, metal work and other such activities. After 20 years of living in Argentina, her parents were able to save enough and were able to return to their home country. They moved to the city where they now live and began their business with a mixture of apprehension and hope. With the support of their family, they are confident in their ability to make the business a success.

Karina is requesting a $1025 loan to buy a van which can be used to transport their goods. The dream of micro entrepreneurs like Karina is that they will be able to continue living in their country and offer work opportunities to others. The Melgarejos began their business and maintain this dream because of their experience earning a living in another country.

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
  • 46
    View loans »
    Paraguay Loans Fundraising
  • $38,032,600
    Funds lent in using Kiva
  • 4,915.8
    Paraguay Guarani (PYG) = $1 USD

Success!! The loan was 100% repaid

A loan of $1,025 helped Karina to buy a van for transporting goods and supplies.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Nov 17, 2007
Nov 3, 2007
Currency Exchange Loss:
Dec 15, 2008