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Pedro
Pedro F. is 32 years old and started his business around the year 2006. He sold a motorcycle to be able to have capital to start his small business buying and selling clothes. Currently he has a well-established clientele and is launching a new carpentry business that will add to his family's income. He makes high-quality furniture for some furniture stores in the area and also for particular customers by request. He plans to use the loan to purchase wood to make the furniture and buy more merchandise (clothing such as shirts, pants, shorts, blouses and other items) with the rest of the money.
View original language description ↓
El señor Pedro F. de 32 años de edad comenzó con este trabajo aproximadamente en el año 2.006. El vendió una motocicleta para poder tener un capital de trabajo, con el cual inició su propia micro empresa, compra y venta de ropas.
En la actualidad ya tiene su clientela bien formada y estan emprendiendo un nuevo negocio(Carpinteria)y esta actividad ya forma parte de un su ingreso familiar.
El fabrica muebles de primera calidad para algunas mueblerias de la zona y otras para clientes particulares sobre pedido.
El invertiría este crédito en comprar de maderas para la fabricacion de sus muebles y el resto de crédito en la compra de más mercaderías(Ropas como: remeras, camisas, pantalones, chorps, blusas, championes y otros)

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
  • 60
    View loans »
    Paraguay Loans Fundraising
  • $28,644,000
    Funds lent in using Kiva
  • 4,717.4
    Paraguay Guarani (PYG) = $1 USD

Success!! The loan was 100% repaid

A loan of $725 helped Pedro purchase wood to make furniture.
100% repaid
Repayment Term
15 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Mar 25, 2010
Listed
Apr 23, 2010
Currency Exchange Loss:
Covered
Ended:
May 15, 2011