Mr. Juan Carlos is 44 years old and lives in a very populated neighborhood in the town of Ita with his wife, Lorenza, and his school-age son.
Juan is a carpenter and has his shop at home where he makes all kinds of furniture like tables, chairs, nightstands, armoires and others. He sells to street vendors and also takes special orders. He has been in business for 15 years and during this time has been able to acquire many tools and machinery needed.
He has been a good client of Fundacion Paraguaya and this time he asks for credit to start selling charcoal. Juan says this activity will generate additional income. He already made a cart and has a horse to transport the charcoal to the market and sell it.
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.