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Mr. Octavio is a repeat customer with our entity. He has been married for 23 years to Mrs. Narda.
Mr. Octavio is a carpenter who makes furniture and other wood decorations. He has been doing this for more than twenty years. He has a good customer base. The loan is to be used to buy wood.
Mr. Octavio has been a member of the Paraguayan Foundation since 2002. The money for the loan will allow him to have a greater profit margin in his business. This will allow him to improve his quality of life.
View original language description ↓
La Sr. Octavio F. es cliente recurrente de nuestra entidad, es casado hace 23 años con la señora Narda Ayala.
El señor Octavio F. cuenta con una carpintera y fabrica muebles y otros adornos de madera, hace mas de 20 años, posee una buena clientela formada, el préstamo solicito para comprar madera.
El señor Octavio opera desde el 2002 con Fundación Paraguaya, y solo con nuestra entidad.
Dicho préstamo otorgado, el titular considera que le dejara un mejor margen de ganancia a su carpintera y a la vez le ayudara para un mejor nivel de vida.

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
  • 53
    View loans »
    Paraguay Loans Fundraising
  • $33,435,825
    Funds lent in using Kiva
  • 4,920.0
    Paraguay Guarani (PYG) = $1 USD

Success!! The loan was 100% repaid

A loan of $900 helped Octavio he will buy wood.
100% repaid
Repayment Term
17 months (Additional Information)
Repayment Schedule
Sep 23, 2010
Oct 26, 2010
Currency Exchange Loss:
May 15, 2011