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Eudelio

Eudelio is synonymous with young, successful entrepreneur, because at age 27, he has been able to establish himself financially. He's married to
23 year old Alba Mabel Estigarribia and they have a 2 year old son.


Before getting married, he worked for five years at a shop in Asuncion that was run by Korean immigrants. Later he decided to set off on his own, selling pants and other clothing items on credit in the Carapegua area.


Four years ago, a relative invited him to travel to the city of Posadas, on the
border with Argentina, to sell the artisanal products of Carapegua, blankets and hammocks, as well as other products like shoes and embroidered Ao Poi shirts (Ao Poi is a traditional textile that can be attached to other products and simulates a spider web). He currently has an established clientele.


Because of his hard work, he now owns a lovely house and is able to give his wife and son a more dignified life. He is requesting this loan to purchase merchandise such as shoes, shirts, pants hammocks, etc.



Translated from Spanish by Rosario McFaull, Kiva Volunteer.



Eudelio un sinónimo de joven emprendedor y triunfador ya que con su 27 años ha logrado formarse económicamente, está casado con la señora Alba Mabel Estigarribia, de 23 años, tienen un hijo de 2 años.

Antes de casarse estuvo trabajando en una casa comercial en Asunción con unos inmigrantes coreanos por más de cinco años, luego se decidió a trabajar por cuenta propia, empezando a vender pantalones y otros productos a cuota por la zona de Carapeguá.

Hace 4 años, un familiar le invitó a ir a la ciudad de Posadas de Argentina (país que limita con Paraguay) para la venta ambulante de los productos artesanales de Carapeguá que son las frazadas y hamacas, así como otros productos como ser zapatos, camisas bordadas de Aó Poí (tejido típico del país que sirve como aplique para diferentes tipos de prendas, es una imitación de la telaraña). Actualmente ya tiene clientela formada, gracias a ese duro trabajo hoy está terminada una linda vivienda propia y así puede brindar a su esposa y a su hijo una vida más digna.
El crédito ha solicitado para la compra de mercaderías como zapatos, camisas, pantalones, hamacas, etc.

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
  • $28,869,750
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $1,000 helped Eudelio to purchase merchandise such as shoes, pants, shirts, hammocks, etc.
100% repaid
Repayment Term
11 months (Additional Information)
Repayment Schedule
Monthly
Disbursed:
Oct 9, 2007
Listed
Sep 24, 2007
Currency Exchange Loss:
N/A
Ended:
May 26, 2008