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Santiago

Santiago runs a convenience store from his house and he has a supply stand in the large market. He works together with his wife and they both contribute to each business. They request a loan to keep investing in their business, which is constant need of capital funds to maintain its growth and to meet the clients' demands.



Santiago has his own home and he would like to improve his business, so that his revenues will increase.

View original language description ↓
Descripción: El señor Santiago tiene una despensa en su casa y una librería en el mercado de abasto, trabaja conjuntamente con su esposa, ambos se ayudan en las dos actividades, ellos quieren el crédito para seguir invirtiendo en su negocio, el cual necesita de una inyección constante de capital para seguir creciendo y así satisfacer las demandas de sus clientes.
Don Santiago tiene casa propia y quiere mejorarlas por lo que siempre hace un esfuerzo por mejorar sus ingresos.

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
  • 91
    View loans »
    Paraguay Loans Fundraising
  • $31,557,250
    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 Santiago to purchase paper, pens and other items.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Nov 23, 2009
Listed
Dec 23, 2009
Currency Exchange Loss:
Covered
Ended:
Dec 15, 2010