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Miguel Angel
Miguel is single and lives with his parents. He has a small business selling cell phone accessories and credit for pre-paid cell phones in the Mercedes neighborhood. Selling his products is gratifying, and he has a considerable number of clients making him a satisfactory income.

With his wife's help, they are succeeding with a strong will, work, and dedication. Their business has become a successful microenterprise, and they are always showing progress.

Currently, he is hoping to sell several different models of cell phones along with the accessories. This would greatly increase his income. He is applying for the loan to purchase a supply of cell phones.
View original language description ↓
El Sr Miguel es soltero, vive con sus padres, tiene un pequeño negocio donde vende accesorios para teléfonos y recarga de saldos, en el barrio las mercedes , la venta en la misma es gratificante ya que cuenta con una considerable cantidad de clientes y el ingreso es bastante satisfactoria.

Con la ayuda de su esposa están saliendo adelante con voluntad, trabajo y dedicación.
Hoy día se ha convertido en un microempresario exitoso y en constante progreso.
Actualmente el desea vender además de accesorios, celulares de distintos modelos con el podrá mejorar mucho sus ingreso, para concretar la compra el solicita el préstamo.

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
  • 73
    View loans »
    Paraguay Loans Fundraising
  • $27,639,150
    Funds lent in using Kiva
  • 4,720.0
    Paraguay Guarani (PYG) = $1 USD

Success!! The loan was 100% repaid

A loan of $725 helped Miguel Angel purchase of cell phones, cell phone accessories, and pre-paid phone cards.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
May 24, 2010
Listed
Jun 24, 2010
Currency Exchange Loss:
Covered
Ended:
May 15, 2011