Francisco is 36, is married, and has two children. He has been in the courier and delivery business for over four years.
Francisco has two trucks with freight service, with which he delivers honey from a factory in the town of Piribebuy. He bought his first truck with money his wife earned while working in the U.S. where she has relatives. The second he bought with savings from his work.
Francisco will use this loan to purchase a cargo cover for one of his trucks so that he can deliver more and travel more safely with his freight covered. Francisco is a good client of Fundación Paraguaya, which is why his credit line is being extended on this, his next loan.
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.