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Candido
Candido is 44 years old and is married to Nancy Ferreira. They have three young children together. Candido runs a food stall that sells rice, noodles, yerba mate, oil and milk among other products. Previously, Candido worked as a mechanic and saved his money so that he could open this food ll. With the help of his is wife who works at the food stall, and thanks to the low prices he is able to offer his customers, Candido's business has been a success. The loan will be used to purchase sugar, rice, noodles, yerba mate, oil, and gasoline among other products. Candido's dream is to expand his business to offer his customers even more products.

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
  • 63
    View loans »
    Paraguay Loans Fundraising
  • $30,749,875
    Funds lent in using Kiva
  • 4,650.0
    Paraguay Guarani (PYG) = $1 USD

Success!! The loan was 100% repaid

A loan of $1,150 helped Candido to purchase rice, noodles, yerba mate, oil.
100% repaid
Repayment Term
20 months (Additional Information)
Repayment Schedule
Irregularly
Pre-Disbursed:
Jan 27, 2010
Listed
Feb 19, 2010
Currency Exchange Loss:
Covered
Ended:
Mar 15, 2011