Check out some available loans that are similar to this one!
Rubén
Rubén is currently 28 years old, and has been a merchant for more than 6 years. At first, he started out working for a neighbor who paid him for each delivery of merchandise. With his small savings, as well as a loan from his supplier, he was able to buy his own merchandise and build a customer base to sell his products to. Thanks to the excellent quality of his merchandise, today he has a well-established customer base that is growing thanks to the recommendations of his own clients.

Rubén appreciates Fundación Paraguaya and Kiva’s support through the loan grants. Thanks to this assistance, he was able to attract more customers in other areas, and he saw his income grow. He plans to use the loan he is requesting to purchase threads.
View original language description ↓
Rubén actualmente tiene 28 años, es comerciante desde hace más de 6 años, empezó primeramente como secretario de un vecino que le remuneraba por cada entrega de su mercadería, con el pequeño ahorro y la ayuda de un pequeño crédito de su proveedor pudo llegar a comprar su propia mercadería y formar su clientela a quienes les provee de mercaderías, gracias a la buena calidad de sus productos hoy día tiene su clientela formada y que se está extendiendo por las recomendaciones de su propios clientes.
El Sr. Rubén agradece a la Fundación Paraguaya y Kiva por el apoyo recibido por medio de los créditos que les conceden, gracias a eso pudo llegar a más clientes en distintas zonas y sus ingresos se vieron en alza.
El crédito que solicita será invertido en la compra de hilos.

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
  • 48
    View loans »
    Paraguay Loans Fundraising
  • $29,035,975
    Funds lent in using Kiva
  • 4,700.0
    Paraguay Guarani (PYG) = $1 USD

Success!! The loan was 100% repaid

A loan of $1,150 helped Rubén to purchase threads.
100% repaid
Repayment Term
15 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Oct 24, 2010
Listed
Nov 23, 2010
Currency Exchange Loss:
Covered
Ended:
May 15, 2011