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Juan Ramon P. is 52 years old, and he lives in Encarnacion. Juan is a carpenter, and he has owned a “carpinteria” for 10 years in the center of Encarnacion. He notes that he has a good customer base and that he services many customers in Posadas, Argentina – the city across the river from Encarnacion. Indeed, Juan's services are in very high demand; as a result, his workshop is busy with orders. He explains that he always puts his customers first and pays back loans he has taken out to ensure the continued growth of his business.

Juan is applying for a loan of in the amount of 1,500,000 PYG ($325) to repair one of his most important machines.

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
  • 104
    View loans »
    Paraguay Loans Fundraising
  • $32,366,075
    Funds lent in using Kiva
  • 4,775.0
    Paraguay Guarani (PYG) = $1 USD

Success!! The loan was 100% repaid

A loan of $325 helped Juan to improve his business by repairing an important machine.
100% repaid
Repayment Term
7 months (Additional Information)
Repayment Schedule
Nov 6, 2009
Nov 24, 2009
Currency Exchange Loss:
May 15, 2010