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Mr. Jose R. earns his living by selling fishing accessories, which he and his father make from their home. He supplies his materials from Market 4 in Asunción, where he buys everything he needs to make these accessories.

Jose has a well-established clientele, which means that he does most of business through advance orders. Jose needs this loan for the purchase of materials that he will be able to buy in bulk for a lower price. He intends to buy leads, fishing line, poles, etc.

In the future, Jose wishes to be able to purchase a vehicle in order to better carry out his work.

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
  • 26
    View loans »
    Paraguay Loans Fundraising
  • $33,435,850
    Funds lent in using Kiva
  • 5,030.0
    Paraguay Guarani (PYG) = $1 USD

Success!! The loan was 100% repaid

A loan of $1,000 helped Jose to purchase leads, fishing line, poles, etc.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
May 27, 2009
Jun 8, 2009
Currency Exchange Loss:
Jun 15, 2010