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Mr. Zacarias is married and owns his own house with all of the basic necessities of a home. He works delivering breads from a bakery, “The Farm.” At the same time, he sells basic goods like sugar, herbs, oil, etc. He is applying for a sum of 3,500,000 Gs which would be used for the purchase of these products from the city of Posadas, where goods are cheaper and he can make a larger profit.

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
  • 54
    View loans »
    Paraguay Loans Fundraising
  • $33,516,125
    Funds lent in using Kiva
  • 5,080.0
    Paraguay Guarani (PYG) = $1 USD

Success!! The loan was 100% repaid

A loan of $700 helped Zacarias the purchase of goods for sale such as oil, herbs, sugar, etc.
100% repaid
Repayment Term
13 months (Additional Information)
Repayment Schedule
May 7, 2009
Jun 3, 2009
Currency Exchange Loss:
May 15, 2010