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Señor Magdonio Martínez is 57 and is married to la Señora Ninfalina Velazquez who is 50. They have two children, one son who is 33, he works in the same profession as his father, repairing electronics; their daughter is 25, she recently began her studies of Business Administration at National University of Asunción.

Magdonio received a degree as an electrician and as electronics technician in 1972. Since then he has worked in the repair of electric apartus like: stereos, televisions, computers, cell phones and others. He wishes to invest the loan in the purchase of spare parts for the electronics and in updating programs for cellphones.
View original language description ↓
El señor Magdonio Martínez tiene 57 años y esta casado con la Señora Ninfalina Velazquez que tiene 50 años, los mismos tienen dos hijos.
Uno varón de 33 años que se dedica como el padre a la reparación de artículos electrónicos, y una hija de 25 que recientemente culmino la carrera de Administración de Empresas en la Universidad Nacional de Asunción.
El mismo se recibió de electricista y de técnico en Electrónica en el año 1972. y desde esa fecha se dedica a la reparación de aparatos electrónicos como : Equipos de Sonido , Televisores , Computadoras , celulares y otros mas.
El mismo desea invertir el préstamo. En la compra de repuestos para artículos electrónicos y en la actualización de programas para flasheo de celulares.

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
  • 97
    View loans »
    Paraguay Loans Fundraising
  • $32,360,775
    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 Magdonio to purchase spare parts for the electronics and in updating programs for cellphones.
100% repaid
Repayment Term
15 months (Additional Information)
Repayment Schedule
Mar 26, 2010
Apr 24, 2010
Currency Exchange Loss:
May 15, 2011