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Nelson
Mr. Nelson F. M. is 36 years old and is married to Mrs. Rosanna Cabrera, 33. The couple has 3 children: a 15-year-old son and two daughters who are 6 and 2 years old. Nelson has been making silver jewelery for the past 16 years. He runs the business from home, and makes rings, earrings, bracelets, chains and charms. His main clients are jewelery stores and resellers.

He wants to use this loan to buy silver in bulk. Since it is less expensive in bulk, this will reduce the cost of producing his jewelery, and he will earn more in profits.
View original language description ↓
El sr. Nelson F. M. tiene 36 años y esta casado con la sra. Rossana Cabrera de 33 años, tienen 3 hijos , un varon de 15 años y dos niñas de 6 y 2 años respectivamente.
El sr. Nelson se dedica a la fabricacion de joyas de plata desde hace 16 años. El negocio funciona en su domicilio y las joyas que fabrica son anillos , aros, pulseras, cadenas y dijes. Sus principales cliente son las joyerias y los revendedores.
El mismo desea invertir el préstamo en la compra de plata en forma mayorista , de esa manera obtendría mayor descuento por la misma y el costo de las joyas seria menor por lo que tendría mayor ganancia por la venta de los mismos.

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
  • 52
    View loans »
    Paraguay Loans Fundraising
  • $28,564,525
    Funds lent in using Kiva
  • 4,717.4
    Paraguay Guarani (PYG) = $1 USD

Success!! The loan was 100% repaid

A loan of $1,150 helped Nelson buy silver to make rings, earrings, bracelets and charms.
100% repaid
Repayment Term
13 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Mar 31, 2010
Listed
Apr 24, 2010
Currency Exchange Loss:
Covered
Ended:
Mar 15, 2011