Check out some available loans that are similar to this one!
View original language description ↓

Mr. Concepcion C. is 61 years old and single. He doesn't have any children and he has been a merchant most of his life. Since his young age, he has dedicated himself to business. He is an only child and has always been enthusiastic about work and dedicated to support his motther who is bedriddendue to an incurable disease.

He is very active and has a pantry and a small butcher shop. His customers loved him because he is very kind and helpful. Concepcion remembers that the most diffcult moment that he has to go through was when his mom was diagnosed with this disease. Since he was her only child, Concepcion had to close his business temporarily to be able to be with his mom during these difficult and hard times.

It got to the point that he almost liquidated his business until a friend lend him a hand and offer him capital to start his business again. He took advantage of that opportunity and thanks to his efforts, he raised his business again. Today, his pantry is well supllied and is the only one on the zone that he lives. The loan will be used to buy rice, sugar, oil, and flour to sell at his pantry.

Translated from Spanish by Maria Ramirez-Gregg, Kiva Volunteer

Concepción C. tiene 61 años es soltero de profesión comerciante y sin hijos. Desde temprana edad se dedicó a los negocios ya que es hijo único y se ha esmerado siempre en trabajar y mantener a su madre ya que ella está en cama por padecer de una enfermedad incurable.

Es muy activo tiene una despensa y una pequeña carnicería es muy querido por sus clientes ya que es muy amable y servicial. Recuerda Concepción que el momento más difícil que tuvo que atravesar fue cuando su manifestó la enfermedad de su madre y él como era único tuvo que cerrar por un tiempo su negocio para poder acompañarla ,fueron momentos muy duros ; llegó al punto de casi liquidar su negocio hasta que un amigo le tendió la mano y le ofreció capital para volver a iniciar su negocio fue así como aprovechó ese momento y gracias a su esfuerzo levantó cabeza y hoy día su despensa es bien surtida y es la única en esa zona.

El destino del crédito es para compra de arroz, azúcar, aceite , harina.

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
  • 100
    View loans »
    Paraguay Loans Fundraising
  • $32,360,775
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $600 helped Concepcion buying rice, sugar, oil, and flour to supply his grocery/pantry business.
100% repaid
Repayment Term
13 months (Additional Information)
Repayment Schedule
Oct 7, 2007
Sep 22, 2007
Currency Exchange Loss:
Jul 24, 2008