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Hernando
View original language description ↓
Hernando is 30 years old, married, and father of 2 children. One is 10 years old and the other is 7. Both go to a private primary school in town. His wife helps generating income to pay for the family expenses; she runs a convenience store from home.

Hernando is a carpenter, he makes furniture on order for companies as well as for furniture stores in the city. He started this profession as a helper for his father, who also was a carpenter, and he learned his woodworking skills from him. He does excellent work and creates well-finished products.

Because of the high quality of his work, he is well-known in the city, and he was able to get two new customers: two schools who ordered tables and chairs for the classrooms. In order to be able to fulfill these orders, he needs a loan of $775 to buy wood, which will help him to start the job.

Translated by Ramón F. Kolb, Kiva Volunteer


Original loan description in Spanish:



Hernando tiene 30 años, está casado y es padre de dos niños, uno de 10 años y otro de ,7 ambos están cursando la etapa primaria en una escuela de privada de la ciudad. Su esposa lo ayuda con los ingresos y los gastos familiares, ella tiene una despensa que atiende en su casa.

Hernando se dedica a la carpintería, el fabrica muebles bajo pedido para empresas y otros los elabora para proveer a las mueblerías de la ciudad; él empezó en el rubro como ayudante de su padre que también fue carpintero y heredo sus habilidades con la madera, pues sus trabajos son muy buenos y de excelente terminación.

Como la calidad de sus productos es muy bueno y reconocido en la ciudad, el ha conseguido dos clientes nuevos más, son dos colegios que solicitaron mesas y sillas para aulas, para poder cumplir con su demanda necesita un crédito de $ 775 para poder comprar madera que lo ayudara a empezar su 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

  • $8,400
    Average annual income
  • 82
    View loans »
    Paraguay Loans Fundraising
  • $31,492,275
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $775 helped Hernando to buy wholesale wood.
100% repaid
Repayment Term
15 months (Additional Information)
Repayment Schedule
Monthly
Disbursed:
Aug 6, 2007
Listed
Jul 23, 2007
Currency Exchange Loss:
N/A
Ended:
Jul 23, 2008