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Maximo M. is 40 years old, married and lives in his own home with his wife and three children. His children are all in high school in Encarnacion.
Maximo owns a fleet of taxis and a taxi stand in Encarnacion. He has been running his business for seven years, and is requesting a loan of 5,000,000 Gs for 12 months so he can purchase another vehicle to expand his fleet and provide better service for his customers.

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
  • 135
    View loans »
    Paraguay Loans Fundraising
  • $31,646,450
    Funds lent in using Kiva
  • 4,775.0
    Paraguay Guarani (PYG) = $1 USD

Success!! The loan was 100% repaid

A loan of $1,050 helped Maximo to purchase another vehicle for his fleet.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Nov 14, 2009
Nov 24, 2009
Currency Exchange Loss:
Dec 15, 2010