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Avelino
Avelino F. is a 52 year-old man, born in Roque Gonzales. He has been married for 32 years to Petrona, age 51. They have 5 children together, 2 of whom are school aged, and 3 of whom are grown and are professionals, thanks to their parents. 20 years ago, he started with a small store in his home. His wife tended to the store while he worked on buying animals to do farm work, which they would later sell for meat in the store. The whole family works together in the store now, as it is the most important and highly-trafficked store in the city. He now wants to buy more merchandise such as drinks and basic staples such as flour, yerba, noodles and rice in bulk in order to get lower prices and thus obtain better earnings from the sales.
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Avelino F. es un Sr. de 52 años de edad, oriundo de Roque González está casado hace más de 32 años con la Sra. Petrona de 51 años de edad, tienen 5 hijos juntos, 2 en edad escolar y 3 hijos que ya mayores de edad y gracias a sus padres ya son profesionales.
Hace 20 años empezó con una pequeña despensa en su domicilio, donde la Sra. atendía mientras él se dedicaba a comprar animales para faena y luego vender la carne en la despensa.
Actualmente se encuentran trabajando toda familia junta en la despensa, ya que es el centro de compras más importante y concurrido de la ciudad.
Ahora desea comprar más mercaderías como ser: bebidas y artículos de primera necesidad como: Harina, yerba, fideos y arroz en cantidades, de modo a abaratar los precios de costo y así obtener mayores ingresos con las ventas.

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
  • 51
    View loans »
    Paraguay Loans Fundraising
  • $27,437,225
    Funds lent in using Kiva
  • 4,790.0
    Paraguay Guarani (PYG) = $1 USD

Success!! The loan was 100% repaid

A loan of $700 helped Avelino the acquisition of wholesale merchandise, such as: cloth, drinks, packaged foods, vegetables, cleaning products, hardware, etc.
100% repaid
Repayment Term
15 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Aug 31, 2010
Listed
Sep 22, 2010
Currency Exchange Loss:
Covered
Ended:
Oct 15, 2011