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Cesar M. Gimenez, 30, is the father of two children. His wife stays at home to take care of their children. He started his business fixing and changing bus tires five years ago. He changes about 15 tires a day and charges US$3 per tire. He buys his tires from a factory closeby and has one other person helping him with his business.

Before Cesar began his business, he used to work for another auto shop. However, he is very happy that he decided to begin his own business. He has been able to increase his income. He is seeking a loan to purchase more tires to keep his business running.

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
  • 98
    View loans »
    Paraguay Loans Fundraising
  • $32,371,900
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $1,000 helped César purchase tires.
100% repaid
Repayment Term
15 months (Additional Information)
Repayment Schedule
Sep 15, 2007
Aug 30, 2007
Currency Exchange Loss:
Sep 8, 2008