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Mr. Marcos G. B. is from the Republicano neighborhood of the city of San Estanislao. He is 35 years old and married to Mrs. Petrona Paredes, 34. They have four older children and own their own home.

Marcos works making and selling tapioca, a traditional Paraguayan food, to a well-established clientele. It provides him a steady income. He has good references, both professional and personal, as he is a hardworking man. He would eventually like to be able to trade in his car for one with more capacity to carry his products.

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
  • 53
    View loans »
    Paraguay Loans Fundraising
  • $33,516,125
    Funds lent in using Kiva
  • 5,040.0
    Paraguay Guarani (PYG) = $1 USD

Success!! The loan was 100% repaid

A loan of $1,000 helped Marcos the purchase of raw materials.
100% repaid
Repayment Term
11 months (Additional Information)
Repayment Schedule
May 26, 2009
Jul 1, 2009
Currency Exchange Loss:
Mar 15, 2010