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Lucio
Mr. Lucio G., 54 years old, lives in the neighborhood of Tajy Loma in the city of Carapeguá where he is a traveling merchant with more than 10 years of experience selling blankets. He is married to Ms. Sonia Santacruz, who weaves the blankets.

Ms. Santacruz weaves the blankets according to the orders she receives.

Mr. G. comments that he has more than 200 formal clients, thanks to his good quality products, and because weekly he conducts his sales in the Nemby and Villarrica zones.

Due to the great quantity of orders, he has asked for a loan to buy different types and colors of thread to make more blankets, which he can then sell.

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
  • 103
    View loans »
    Paraguay Loans Fundraising
  • $30,964,800
    Funds lent in using Kiva
  • 4,700.0
    Paraguay Guarani (PYG) = $1 USD

Success!! The loan was 100% repaid

A loan of $1,150 helped Lucio to buy various colors and types of thread, like wool, for making blankets.
100% repaid
Repayment Term
15 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Apr 14, 2010
Listed
Jun 3, 2010
Currency Exchange Loss:
Covered
Ended:
Jun 15, 2011