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Nicolas Aguero is 44 years old and has been married to Blanca Portillo for 25 years. They have 12 children together who they care for and who Nicolas supports with his earnings working as a carpenter. Nicolas' two oldest sons, ages 18 and 20 work with him. The family lives on Potrerito street in Coronel Oviedo. According to Nicolas, his work and his family's well being is his life. He is from a family of modest means and learned his trade from his father, Lorenzo. Nicolas is seeking the loan from Fundación Paraguaya to purchase basic materials, as he as already signed a contract with a local school to build chairs and desks. With this loan he will be able to purchase wood in bulk for a low price.

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
  • 101
    View loans »
    Paraguay Loans Fundraising
  • $32,360,900
    Funds lent in using Kiva
  • 4,655.0
    Paraguay Guarani (PYG) = $1 USD

Success!! The loan was 100% repaid

A loan of $725 helped Nicolas purchase wood.
100% repaid
Repayment Term
15 months (Additional Information)
Repayment Schedule
Jan 25, 2010
Feb 23, 2010
Currency Exchange Loss:
Mar 15, 2011