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Mr. Daniel is single and lives with his retired mother, who is under his care. Daniel started his position thanks to his father, who taught him the profession and who is very well known throughout the area for the good work he does.

Currently Daniel works in a friend’s workshop, who lent it to him for three years. This lease is very expensive and he needs a new workshop. Daniel was saving little by little to construct his own work space.

He has demonstrated that he is a good and responsible person with his committments. The credit applied for is to finish a phase of construction of a new workshop.

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
  • 58
    View loans »
    Paraguay Loans Fundraising
  • $33,435,825
    Funds lent in using Kiva
  • 5,050.0
    Paraguay Guarani (PYG) = $1 USD

Success!! The loan was 100% repaid

A loan of $800 helped Daniel construction of his own repair shop.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
May 3, 2009
Jun 1, 2009
Currency Exchange Loss:
Dec 15, 2009