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Carlos
Carlos Alberto is 43 years old and has been married to his wife, Ramona, for the past 14 years. Together they have 5 children, three of whom are grown and married and two who are still in primary school.

Carlos works as a tailor and is skilled in all areas of the trade. He first learned this trade from his uncle at a very young age. He is especially talented at making overalls, underwear, t-shirts and cowboy boots. After making these items in his home he travels a great distance to sell his wares in the commerical markets in Encarnación, Paraguay. Encarnación is more than 270 km from the town of Itá, where Carlos lives.

Carlos has told us that in the past he traveled to Argentina and Brazil to obtain work experience and perfect his skills. After working in these places for several years he decided to return to Paraguay and work in a factory. Having worked in this position for some time, Carlos decided to leave this job and begin his own business.

With the money he has gained from his store, Carlos, has been able to give his family a good life. He has requested a loan in order to buy the materials he uses to make clothing, including: cloth, needles and zipper.

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
  • 122
    View loans »
    Paraguay Loans Fundraising
  • $31,646,450
    Funds lent in using Kiva
  • 4,915.8
    Paraguay Guarani (PYG) = $1 USD

Success!! The loan was 100% repaid

A loan of $625 helped Carlos tO PURCHASE MATERIALS FOR HIS TAILORING BUSINESS, SUCH AS CLOTH, NEEDLES AND ZIPPERS.
100% repaid
Repayment Term
15 months (Additional Information)
Repayment Schedule
Monthly
Disbursed:
Nov 14, 2007
Listed
Oct 31, 2007
Currency Exchange Loss:
Covered
Ended:
Dec 15, 2008