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Francisco
Francisco A. is 57 years old, single, and has three children: two daughters, 23 and 30, who live with their mother in Japan and a son, 26 years old, who lives with Francisco.

Francisco works buying charcoal at wholesale and breaking it into smaller pieces for sale and distribution to the businesses of Villa Elisa city. For distribution he uses his own 1974 Mercedes Benz model 608 truck.

He wants to invest the loan in the purchase of charcoal by the ton in order to buy at a lower price and earn a better income on his sales.
View original language description ↓
 El señor Francisco A. tiene 57 años, es soltero y tiene 3 hijos, dos mujeres de 30 y 23 años que viven con la madre en Japón y un varón de 26 años que vive  y trabaja con él.
El mismo se dedica a la compra de carbón vegetal en forma mayorista, al fraccionamiento, venta y  reparto  del mismo en los negocios de la ciudad de Villa Elisa.
Para el reparto utiliza  un camión Mercedes Benz 608 año 1974 de su propiedad.
El mismo desea invertir el préstamo en la compra de carbón por toneladas para abaratar de esa manera el costo de su mercadería y obtener mayor margen de ganancias sobres sus ventas.

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
  • 72
    View loans »
    Paraguay Loans Fundraising
  • $29,572,925
    Funds lent in using Kiva
  • 4,470.0
    Paraguay Guarani (PYG) = $1 USD

Success!! The loan was 100% repaid

A loan of $1,125 helped Francisco buy charcoal at wholesale to break up and resell.
100% repaid
Repayment Term
13 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Nov 27, 2009
Listed
Dec 23, 2009
Currency Exchange Loss:
Covered
Ended:
Nov 15, 2010