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Basilio
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Basilio G. is 47 years old and married to Mrs. María Esquivel. He has three children who are currently enrolled in elementary school. Since 1998, he has dedicated himself to the raising of cattle as well as the production of construction materials such as brick, roof tiles and other products derived from clay. Don Basilio tells us that two years ago his wife began suffering from an illness that prohibits her from helping him with the business. He continues working with the help of his children who are learning the business along the way. Don Basilio hopes that his wife will recuperate soon and return to helping him there by allowing the continuation of their children's success in education. The loan will be used to purchase cattle.

Translated from Spanish by Christian G., Kiva Volunteer.





Basilio G. tiene 47 años de edad, esta casado con la señora María Esquivel; tiene tres hijos y todos son menores de edad que están cursando la primaria. Desde 1998 se dedica al faenamiento de vacunos y además a la producción de materiales para la construcción, tales como ladrillos, tejas y otros productos derivados del barro cocido.

Don Basilio nos cuenta que hace dos años su señora sufre de una enfermedad que la imposibilita de ayudarlo en el negocio; hoy en día sigue trabajando, pero con la ayuda de sus hijos, quienes de esta manera aprenden este oficio.

Don Basilio tiene el deseo y la esperanza que su esposa se recupere y le pueda ayudar otra vez y así seguir educando a sus hijos para que puedan salir adelante.

El préstamo lo utilizo para compra de vacas para faenar.

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
  • 56
    View loans »
    Paraguay Loans Fundraising
  • $28,691,625
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $400 helped Basilio purchase of cattle

compra de vacas para faenar.

100% repaid
Repayment Term
15 months (Additional Information)
Repayment Schedule
Monthly
Disbursed:
Oct 12, 2007
Listed
Sep 28, 2007
Currency Exchange Loss:
N/A
Ended:
Sep 30, 2008