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Emigdio Simon
Mr. Emigdio C. is 50 years old and is married to Mrs. Victorina Mendoza who is 46 years old; they have 6 children, 4 boys of 24, 20, 18 and 14 years old and two daughters who are 22 and 16 years old. The three eldest boys work and contribute to the household account and the youngest are in secondary school.

Mr. Emigdio for 26 years has worked cutting and selling charcoal. He buys the products in different cities in the interior of the country and sells them by distributing them in paper bags of 2 kg and in rubber bags of 1 kg.

The products mentioned are sold in businesses in the area of Villa Elisa y Ñemby.

The loan requested will be used to buy greater quantities of charcoal so that this way he can buy it at a cheaper price and earn greater profits for his merchandize.

View original language description ↓
El sr. Emigdio C. tiene 50 años y esta casado con la sra. Victorina Mendoza. De 46 años, tienen 6 hijos, 4 varones de 24 , 20 , 18 y 14 años y dos hijas de 22 y 16 años, los tres hijos mayores trabajan actualmente y aportan a la canasta familiar y los menores están cursando sus estudios secundarios.
El sr. Emigdio se dedica desde hace 26 años al fraccionamiento y venta de carbón vegetal. Dichos productos compra de diferentes ciudades del interior del país y los vende fraccionado en bolsas de papel de 2 kg y en bolsas de hule de 1 kg.
Dichos productos vende a comercios de la zona de Villa Elisa y Ñemby .
El préstamo. Solicitado desea invertir en la compra de mayor cantidad de carbón para obtener de esa manera menor precio de costo por su producto y mayor ganancia por la venta de sus mercaderías

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
  • 65
    View loans »
    Paraguay Loans Fundraising
  • $29,035,975
    Funds lent in using Kiva
  • 4,695.0
    Paraguay Guarani (PYG) = $1 USD

Success!! The loan was 100% repaid

A loan of $1,150 helped Emigdio Simon to buy charcoal in large quantities to cut and sell it.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jan 18, 2010
Listed
Feb 18, 2010
Currency Exchange Loss:
Covered
Ended:
Dec 15, 2010