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Luis Alberto
Luis Alberto C. is 39 years old and has been married to Marina Acevedo for more than 16 years. They have three children, the eldest of whom is 21 and in college; they also have a 12-year-old in middle school, and a 6-year-old in primary school.



Luis started his business 15 years ago, working as a peddlar selling traditionally-woven bedspreads and hammocks. He marketed his products at low prices and built up a loyal clientele with his high quality.



With the profits, Luis has bought two motorcycles to transport his products and sell them across the city. Luis will use his loan to purchase more goods, such as bedspreads and linens to sell at a higher profit.

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

  • $4,555
    Average annual income
  • 64
    View loans »
    Paraguay Loans Fundraising
  • $29,035,975
    Funds lent in using Kiva
  • 4,775.0
    Paraguay Guarani (PYG) = $1 USD

Success!! The loan was 100% repaid

A loan of $850 helped Luis Alberto more merchandise to sell.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Nov 3, 2009
Listed
Nov 26, 2009
Currency Exchange Loss:
Covered
Ended:
Dec 15, 2010