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Fabio
Fabio F. is a young businessman. He is 31 years old and lives in his parents' home in San Pablo neighborhood. He is the oldest of three siblings.

Fabio tells us that he has worked for a long time for other companies who make garments and embroideries. However, over time and bearing in mind the knowledge which he had acquired as regards the production process, working machines and serving customers, Fabio decided to set up his own small business. Helped by family members who provided him with space in their homes, he was able to set up an office and a workshop. He acquired his first machine for making embroideries which was originally enough to cover the first jobs that he carried out in his own business.

However, for some years he couldn't manage with the orders which he had and so, through a lot of hard work, he acquired a new, more sophisticated machine which was able to produce 10 embroidery designs in 10 minutes. In this way he is currently able to satisfy his customers who work for a number of well-known companies.

Fabio loves creating his own embroidery designs since it allows him to offer a range of suggestions to all his customers.

He says “Having a loan is always good because it allows me to acquire different raw materials which I need to fill my orders on time and thereby provide quality to my customers”.
View original language description ↓
El Sr Fabio F., es un microempresario jóven, tiene 31 años de edad, vive en la casa de sus padres en el barrio San Pablo, es el mayor de tres hermanos.
Fabio cuenta que ha trabajado mucho tiempo en otras Empresas dedicados a la confección de prendas y bordados de las mismas.
Pero con el tiempo y considerando ya el conocimiento que adquirió en cuanto a las producciones, el manejo de las máquinas, la atención al cliente, decidió ir formando de a poco para su microempresa y de esa manera independizarse, fue así que ayudados por sus familiares quienes le cedieron espacio en la casa para que pueda habilitar una oficina y un taller de producción, más adelante fue adquiriendo su primera máquina de hacer los bordados, que en un principio era suficiente para los primeros trabajos que realizaba por su cuenta.
Pero luego de unos años ya no abastecía con los pedidos de trabajos, y fue así que con mucho sacrificio adquirió una nueva máquina más sofisticada, que producía 10 diseños de bordados en 10 minutos, y de esa manera hoy día puede cumplir con todos los clientes que tiene en las diferentes empresas renombradas del país.
A parte le encanta realizar sus propios diseños de bordados, para poder inclusive ofrecer una gama de sugerencias a todos sus usuarios.
Dice que: “Contar con un crédito siempre es bueno ya que le permite poder adquirir las diferentes materias primas que necesita para poder cumplir en tiempo y de esa manera brindar también calidad a los clientes”.

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
  • 49
    View loans »
    Paraguay Loans Fundraising
  • $29,527,325
    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 Fabio to buy different kinds of fabric and colored threads to create embroideries.
100% repaid
Repayment Term
15 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Oct 28, 2010
Listed
Nov 23, 2010
Currency Exchange Loss:
Covered
Ended:
Dec 15, 2011