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Sr. Miguel is 29 years old and has been working as a street vendor for approximately eight years. He is married to Sra. Antonia Aliendre who is 47 years of age.

Sr. Miguel started his micro-business by establishing a roadside stand which helped him generate capital to buy basic necessities. He conducts his sales in the cities of Raul Arsenio Oveido, Toledo, Campo 9, Repatriacion, Yhu, Vaqueria, San Joaquin, and other places.

Miguel is requesting a loan to buy flour, cold cuts, oil, sugar, trinkets, candies, and other products that he can sell at a good profit margin. He hopes for a better future and that there will be other places in the country where he can find work.

View original language description ↓
El Señor Miguel de 29 años de edad se dedica al rubro de Vendedor Ambulante hace 8 años aproximadamente esta casado con la señora Antonia Aliendre de 47 años de edad.
El señor Miguel inició su microempresa con la venta de un rodado que lo ayudo a tener Capital y comprar artículos de primera necesidad, y realizar las ventas en las ciudades de Raul Arsenio Oviedo, Toledo, Campo 9, Repatri8acion, Yhu, Vaqueria, San Joaquin etc.
Solicito el crédito para la compra de harina, fiambre, aceite, azúcar, bijouteria, golosina etc. , para volver a venderlo con buen margen de ganancia.
Espera un futuro mejor para nuestro pais con muchos lugares de trabajo.

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
  • 98
    View loans »
    Paraguay Loans Fundraising
  • $32,360,775
    Funds lent in using Kiva
  • 4,756.6
    Paraguay Guarani (PYG) = $1 USD

Success!! The loan was 100% repaid

A loan of $1,150 helped Miguel purchase flour, cold cuts, oil, sugar, trinkets, candies, and other products.
100% repaid
Repayment Term
15 months (Additional Information)
Repayment Schedule
Aug 24, 2010
Sep 19, 2010
Currency Exchange Loss:
Oct 15, 2011