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Mrs. Reina Meliana B. is single and has one daughter. Her daughter is young, and goes to public school. Reina’s business has a great location in the center of Market number 4, in the business district, on Rodríguez de Francia Avenue c/Battilana. Reina starts her day at a very early hour – 4:00 AM – in order to buy everything that she needs for her business. She started with approximately Gs. 1,000,000, equivalent to US$250, which has grown with as time passed. Now she has a large portfolio of clients, and her shop is located in a well-populated, busy area.

Reina would like a loan to buy various merchandise, such as T-shirts, blouses, a variety of lingerie and underwear for men and women, and especially children’s clothes for spring and summer.

One of Reina’s goals is to be able to expand her business soon, by buying equipment or furnishings for her future store, in order to offer a more comfortable environment to her clients.
View original language description ↓
La señora Reina Meliana B., es soltera, tiene una hija, quien es menor de edad y acude a una escuela pública. El negocio lo tiene muy bien ubicado, en el centro del mercado Nº 4, zona altamente comercial, sobre la Avda. Rodríguez de Francia c/Battilana, inició con un capital de Gs. 1.000.000.- U$ 250.- aproximadamente, que fue ampliando con el correr de los años, pues actualmente cuenta con una amplia cartera de clientes y la zona en la que se encuentra es muy poblada y muy concurrida.

La señora retira el préstamo para la compra de varios artículos de mercería como remeras, blusas, lencería variada y ropa interior tambien para caballeros, especialmente prendas para niños para la temporada primavera - verano. A muy tempranas horas del dia inicia sus actividades aproximadamente a las 04:00 Hs A.M. A fin de comprar todo lo que necesita para su negocio.

Una de sus aspiraciones es poder ampliar próximamente este negocio, en lo que se refiere al equipamiento o mobiliario para su propio futuro salón comercial y poder ofrecer un ambiente más cómodo y ameno a sus clientes.

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
  • 50
    View loans »
    Paraguay Loans Fundraising
  • $37,305,300
    Funds lent in using Kiva
  • 3,970.0
    Paraguay Guarani (PYG) = $1 USD

Success!! The loan was 100% repaid

A loan of $525 helped Reina buy merchandise, such as T-shirts, blouses, lingerie in general and children's clothes.
100% repaid
Repayment Term
11 months (Additional Information)
Repayment Schedule
Oct 21, 2008
Oct 7, 2008
Currency Exchange Loss:
Aug 21, 2009