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Juan
Juan, 48 years old, and his wife, 47, were married 11 years ago and have a 12-year-old son who is studying in the 6th grade of primary school.


Juan works selling goods of many kinds but primarily sells furniture. He started working thirty years ago selling bags and did this until he could earn the capital to start a business selling furniture. With time he was able to purchase 2 trucks and 2 motorcycles that today help him with his daily work. Juan said with pride that, although he could only study until the 6th grade, today he is a successful merchant who makes a good income and can support his family with his sales.


With this loan Juan hopes to be able to buy more merchandise in order to meet the demand of his customers, and to further expand his business.

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
  • 17
    View loans »
    Paraguay Loans Fundraising
  • $29,311,225
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $1,000 helped Juan purchase of furniture, mattresses, chairs, etc.
100% repaid
Repayment Term
13 months (Additional Information)
Repayment Schedule
Monthly
Disbursed:
Oct 4, 2007
Listed
Sep 19, 2007
Currency Exchange Loss:
N/A
Ended:
Jan 3, 2008