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Octavio Joaquin
Octavio V. is 60 years old, married, and lives in the city of Encarnación. He is the owner of a decoration and carpet store which he runs himself. He is a very hardworking person and thanks to the business that he has, they have been able to move forward and continue growing in their micro-business.


The business offers different services, since in addition to selling decorative items, he also makes room decorations for 15th birthday parties, children’s birthday parties, and weddings.


He thanks the Foundation and Kiva for the loan, since through this, he could purchase a few items that he was missing in the business such as the fabrics that they use for the decorations, such as vases, flowers, and others.

View original language description ↓
El señor Octavio V. tiene 60 años de edad, esta casado viven en la ciudad de Encarnación.
Es propietario de un negocio de decoración y ventas de alfombras y es atendida por el mismo. Es una Persona muy trabajadora y gracias a las actividades que realizan han podido salir adelante e ir creciendo en sus micro-empresa.
El negocio ofrece diferentes servicio ya que además de vender los artículos decorativos también hacer decoraciones de salones para fiestas de quinceaños, cumpleaños infantiles y casamientos.
Agradece a la Fundación y Kiva por crédito ya que mediante el pude completar algunos artículos que hacían falta en el negocio como las telas que utilizan en las decoraciones, así como jarrones, flores y otros.




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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
  • 59
    View loans »
    Paraguay Loans Fundraising
  • $27,639,125
    Funds lent in using Kiva
  • 4,648.8
    Paraguay Guarani (PYG) = $1 USD

Success!! The loan was 100% repaid

A loan of $1,150 helped Octavio Joaquin purchase of merchandise such as colored fabrics, paintings, artificial flowers, vases, and others.
100% repaid
Repayment Term
15 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Feb 15, 2010
Listed
Mar 16, 2010
Currency Exchange Loss:
Covered
Ended:
Apr 22, 2011