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Pedro G. and Margarita Lopez have been married for more than 30 years. They live in their own home, which is located a few kilometers away from the city. The couple have grown children who contribute to the household income.

Pedro, age 56, has owned a sausage factory for over 25 years. The factory is operated by Pedro and his children. He has formed a strong clientele over many years, making his business sustainable and profitable.

Pedro needs credit to purchase raw materials to manufacture his products, which are in high demand because they are of good quality.

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
  • 37
    View loans »
    Paraguay Loans Fundraising
  • $33,680,975
    Funds lent in using Kiva
  • 4,910.0
    Paraguay Guarani (PYG) = $1 USD

Success!! The loan was 100% repaid

A loan of $1,025 helped Pedro to buy raw materials that will be used in the factory.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Sep 20, 2009
Oct 1, 2009
Currency Exchange Loss:
Oct 15, 2010