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Pedro
Pedro is married, is 60 years old, and has 2 daughters that are minor in age. Pedro and his wife are travelling sales people who sell clothes on credit. The loan is sought to increase the stock in merchandise. During this season they deliver a great amount of merchandise, and then charge their clients either on a weekly or monthly basis depending on their clients’ income. Pedro is fortunate to count on his family’s support, as a result of that support he owns his home and his income continues to increase. For this reason, Pedro should be consistently supported both economically and through moral support.
View original language description ↓
l señor Pedro es casado, tiene 60 años, con 2 hijas, menores de edad.
El señor y su esposa se dedican a la venta ambulante de ropas (a crédito).
El crédito solicitado es para aumentar stock de mercaderías; en esta temporada ellos entregan en forma masiva las mercaderías y después van cobrando en forma mensual y semanal dependiendo de los ingresos de los clientes.
El señor tiene suerte de contar con el apoyo de toda la familia, gracias a eso cuenta con casa propia y van incrementando sus ingresos, por lo que considero que es una persona a quien debemos apoyar constantemente, ya sea económica y moralmente.

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
  • 61
    View loans »
    Paraguay Loans Fundraising
  • $28,760,275
    Funds lent in using Kiva
  • 4,695.0
    Paraguay Guarani (PYG) = $1 USD

Success!! The loan was 100% repaid

A loan of $825 helped Pedro purchase of clothing.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jan 20, 2010
Listed
Feb 20, 2010
Currency Exchange Loss:
Covered
Ended:
Feb 16, 2011