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Update on Marciana

Marciana is a very hard-working woman who used her previous loan with Kiva to buy an industrial dryer. She now has a grocery store, where her family works. They are very hard-working and entrepreneurial and Marciana is now requesting this loan to buy sugar, rice and noodles, among others, to stock her store and grow.
View original language description ↓
La Sra. Marciana es una persona muy trabajadora, en su anterior crédito de Kiva lo utilizo en la compra de una seca ropas industrial. Hoy ellos implementaron una despensa en la que trabaja la familia, son muy luchadores y emprendedores, y Marciana hoy pide de este préstamo para poder invertirlo en la compra de Azucar, Arros, fideo y otros, para poder surtir su despensa y crecer.

Previous Loan Details

Marciana is married to Celso, whose profession is glasswork. They have two sons, one of whom is already married, while the other is an independent adult. She runs a family laundromat where everyone works and helps out. Celso, her husband, helps her return the clean, ironed clothes that Marci... More from Marciana's previous loan »

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.

Concurrent and Successive Loans

Our Field Partners often work with borrowers over a series of loans as the borrowers build credit, take out bigger loans, and expand their businesses. In order to make it easier for our Field Partners to post loans for borrowers who have been listed on Kiva before, we allow them to post successive and concurrent loans for their Kiva borrowers. This means that our Field Partners are able to post a borrower's second, third, etc., loan on Kiva without having to re-enter all of the borrower's information.

This borrower has been listed on Kiva before, so you'll see an updated loan description, as well as excerpts of the original descriptions from earlier loans. Most borrowers take out loans consecutively, meaning that they receive a second loan after having repaid the first. However, sometimes our Field Partners give out concurrent loans, allowing borrowers to take out one primary loan and a secondary "add-on" loan along with it. These "add-on" loans are typically smaller than the borrower's primary loan and serve a different purpose. Because Field Partners can now post loans as successive and concurrent loans, you will be able to track borrower progress over time and see the various ways a borrower is working with our Field Partners through funds from Kiva’s lenders.

About Paraguay

  • $8,400
    Average annual income
  • 76
    View loans »
    Paraguay Loans Fundraising
  • $35,099,950
    Funds lent in using Kiva
  • 4,420.9
    Paraguay Guarani (PYG) = $1 USD

Success!! The loan was 100% repaid

A loan of $1,475 helped Marciana to buy sugar, rice and noodles, among others.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Oct 15, 2013
Nov 18, 2013
Currency Exchange Loss:
Oct 17, 2014