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Magna B. is a 37 year old woman who has 2 children, both of them schoolaged. Magna is married and her husband works driving a truck that he owns and uses to support the family.

She has had a store for about five years. Along with the store sales, she also offers her customers fast food and fruit salads, activities that complement the store.

The loan obtained from Fundación Paraguaya has been invested in purchasing merchandise in order to have stocks of various products such as meat, vegetables, beverages,etc. Magna's future project is to incluD. the sale of ice cream in her store.

Magna is grateful for the loan she has obtained as it allows her to grow her enterprise.
View original language description ↓
Magna B. es una señora D. 37 años y tiene 2 hijos, ambos en edad escolar. Magna esta casada y su marido se dedica a trabajar en un camión D. su propiedad, con lo que se complementa la economía D. la familia.
La Sra. posee una despensa desD. hace unos cinco años. Asi también, paralelamente a las ventas realizadas en la despensa pone a disposición D. sus clientes comidas rápidas, ensaladas D. fruta, actividades con las que complementa su despensa.
El crédito obtenido D. la Fundación Paraguaya lo ha invertido en compra D. mercaderías, D. manera a tener un stock D. productos mas variados como carne, verduras, bebidas, etc. El futuro proyecto D. Magna es incluir venta D. helados a su despensa.
Magna Agradece el crédito obtenido, pues le permite crecer en su emprendimiento.

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
  • 32
    View loans »
    Paraguay Loans Fundraising
  • $37,177,800
    Funds lent in using Kiva
  • 4,790.0
    Paraguay Guarani (PYG) = $1 USD

Success!! The loan was 100% repaid

A loan of $1,125 helped Magna to purchase merchandise such as: meat, vegetables, beverages and more.
100% repaid
Repayment Term
15 months (Additional Information)
Repayment Schedule
Aug 21, 2010
Sep 21, 2010
Currency Exchange Loss:
Jun 15, 2011