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Luis Albeto
Luis Alberto F. is from the city of Carapeguá. He is married and has three children. He owns a small factory that makes balls, an activity that is very traditional in his city and within his family.

Luis has qualified for his first loan from our organization, and he is using the funds to purchase raw materials for the production of balls, such as leather, vinyl, needles and thread. This will allow him to fill a large recent order and also to attract new customers, thus increasing his level of production.
View original language description ↓
El Sr. Luis Alberto F. es de la ciudad de Carapeguá, el mismo está casado cuenta con tres hijos, es propietario de una pequeña fábrica de pelotas, una actividad que es muy tradicional en dicha ciudad y su familia.

El Sr. accedió a su primer crédito con nuestra entidad, destinando el dinero para la compra de materia prima para la fabricación de pelotas como cueros, hilos, agujas, y cuerinas, ya que contaba con un pedido importante, que le permitiría la captación de nueva clientela y de esta forma aumentar su nivel de producción.

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
  • 53
    View loans »
    Paraguay Loans Fundraising
  • $28,140,525
    Funds lent in using Kiva
  • 4,740.0
    Paraguay Guarani (PYG) = $1 USD

Success!! The loan was 100% repaid

A loan of $500 helped Luis Albeto buying leather, vinyl, needles and thread to make balls.
100% repaid
Repayment Term
15 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jun 22, 2010
Listed
Jul 16, 2010
Currency Exchange Loss:
Covered
Ended:
Aug 15, 2011