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Santiago Ramón
Sr. Santiago P. is 39 years old and married to Sra. Adela Franco. Together they have an adopted child who is of school age.


For more than ten years, Sr. Santiago worked as an employee at a service station. He gradually saved up money so that he could buy his own machinery and fulfill his dream of opening his own tire shop. Today that dream has become a reality thanks to his sacrifice and dedication. The tire shop is established in his home, which is near the city.


Since the area where he lives is being paved and starting to experience more commercial movement, he needs additional capital so that he can purchase more tire treads and inner tubes to sell. For this reason, he requesting a loan from Fundación Paraguaya.

View original language description ↓
El señor Santiago P. tiene 39 años de edad está casado con la Sra. Adela Franco, juntos tienen un hijo adoptivo en edad escolar.
El Sr. Santiago trabajó más de 10 años como empleado en una estación de servicios, luego poco a poco de sus ahorros fue comprando para sus propias maquinarias, ya que su sueño era montar su propia gomería, que hoy día gracias a su sacrificio y dedicación ya hizo realidad.
Hace 1 año que montó su gomería en su domicilio en una compañía cercana a la ciudad.
Teniendo en cuenta que es una zona que está siendo pavimentada y que la en zona actualmente hay más movimiento comercial necesita de más capital para la compra de mayor cantidad de cubiertas y cámaras para su comercialización por ello se acercó a la Fundación Paraguaya para solicitar un préstamo.

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
  • 69
    View loans »
    Paraguay Loans Fundraising
  • $30,816,725
    Funds lent in using Kiva
  • 4,725.3
    Paraguay Guarani (PYG) = $1 USD

Success!! The loan was 100% repaid

A loan of $500 helped Santiago Ramón purchase tire treads & inner tubes.
100% repaid
Repayment Term
15 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Mar 24, 2010
Listed
Apr 20, 2010
Currency Exchange Loss:
Covered
Ended:
May 15, 2011