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Albino
Albino is 52 years old, married, and has 3 children. His carpenter's workshop is located on the grounds of his home. He has worked in this profession for more than 30 years now, which allowed him to pay for his daily needs and for the education of his children, who are now married and live on their own.

Albino manufactured and sells custom made furniture. Albino also repairs furniture in people's homes, an activity for which he has a group of customers that continuously recommends his services to other potential clients.

The credit that he obtained from the Fundación Paraguaya, he used to buy raw materials, first quality Cedar and Patagonian Rosewood which he uses to manufacture colonial furniture for some foreign customers that are very demanding.

He plans to participate in a bid to manufacture chairs for schools, and if he wins even part of this bid, he will need again more working capital.

Translated from Spanish by Ramón F. Kolb, Kiva Volunteer.



Albino tiene 52 años, está casado y tiene 3 hijos. Su taller de carpintería lo tiene en el predio de su domicilio. Está dedicado al oficio hace más de 30 años al cual debe la educación de sus hijos, ahora ya casados y viviendo de forma independiente, y su sustento diario.
Albino fabrica y vende muebles a pedido. Albino también realiza trabajos de reparación de muebles a domicilio, actividad para la cual posee una clientela que constantemente recomienda su trabajo a otros potenciales clientes.

El crédito obtenido de la Fundación Paraguaya, lo utilizó para la compra de materia prima, maderas de primera calidad de la línea de Cedro y Curupay con lo que fabricó muebles coloniales, a unos clientes de origen extranjero muy exigentes.

Tiene proyectado presentarse a licitaciones para la fabricación de sillas para escuelas, y de adjudicarse alguna, nuevamente estaría con la necesidad de contar con un capital de trabajo.

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

  • $4,555
    Average annual income
  • 17
    View loans »
    Paraguay Loans Fundraising
  • $29,459,275
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $400 helped Albino to buy a load of dressed wood.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Monthly
Disbursed:
Jun 19, 2007
Listed
Jun 5, 2007
Currency Exchange Loss:
N/A
Ended:
Dec 20, 2007