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Gilberto
Gilberto is 52, married, and has three children. He has been selling clothes for over ten years. He has a well-established regular customer base. He works with his customers on a cash and credit basis. He provides merchandise based on the preferences and needs of each customer.

He manages this activity with his wife because he also works construction. When he has a construction job, his wife is in charge of the business.

He wants to use the loan to satisfy his customers’ needs and tastes in order to increase the family income. Therefore, he will use the loan to buy track suits for women, men, and children.
View original language description ↓
Gilberto es casado con 3 hijos, tiene 52 años. Hace más de 10 años se dedica al comercio de la venta de ropas, posee una clientela formada con quienes trabaja en forma de cobro al contado y a crédito, les provee de de sus mercaderías de acuerdo al gusto y necesidad de cada cliente.
Esta actividad lo manejan con su esposa ya que también se dedica a la construcción y las veces que él se dedica cuando tiene pedido, su esposa la encargada del negocio.
Con el préstamo que obtuvo quiere satisfacer las necesidades y los gustos de sus clientes y por ende aumentar sus ingresos familiares, para ello destinará el crédito en la compra de buzos para damas, caballeros y niños..

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
  • 58
    View loans »
    Paraguay Loans Fundraising
  • $27,639,125
    Funds lent in using Kiva
  • 4,725.3
    Paraguay Guarani (PYG) = $1 USD

Success!! The loan was 100% repaid

A loan of $1,150 helped Gilberto buy track suits for women, men, and children.
100% repaid
Repayment Term
15 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Mar 22, 2010
Listed
Apr 20, 2010
Currency Exchange Loss:
Covered
Ended:
May 15, 2011