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Luis
Luis is single and lives with his mother and grandmother. He works making clothes, and has done this for over 3 years. He began this business with his aunt, who had a dressmaking workshop, but with his savings he became independent and opened his own workshop. Luis needs this loan to purchase more fabric, as summer is ariving and he has many clothes orders for the season, and what he currently has won't cover the orders. In the future Luis wants to have a boutique.
View original language description ↓
El Sr. Luis es soletero vive con su madre y su abuela, se dedica a la confección de prenda, ya hace mas de 3 años que se dedica a este rubro, se inicio en este rubro con su tía , que tenia un taller de costura , pero con sus ahorros logro independizarse y abrió su taller propio.

El necesita de este crédito para la compra de mas telas ya que llega el verano y tiene muchos pedidos de prendas para esa temporada , ya que con lo que tiene no abasteces.
En el futuro desea tener una boutique.

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
  • 92
    View loans »
    Paraguay Loans Fundraising
  • $30,816,725
    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 Luis purchase fabrics.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Oct 25, 2010
Listed
Nov 23, 2010
Currency Exchange Loss:
Covered
Ended:
Nov 15, 2011