Check out some available loans that are similar to this one!
Basilio
View original language description ↓
Basilio is 47 years old and lives in his own home with his wife and their four children. He runs a convenience store where he sells all kinds of much-needed items such as fruits, vegetables, noodles, rice, sugar, coffee, snacks, and juices and beverages.


Previously Basilio had a tire shop at one of the busiest areas of the city, but because the work required him to be there almost 24 hours of the day and the earnings weren't great, he opened up his convenience store with his savings. He's very happy with his business, since it generates good income and allows him to spend more time with his family.


Basilio is requesting a loan so he can increase his supplies and be prepared for the end of the year and the coming hot season when demand for his products go up considerably.

Translated from Spanish by Marty Greenstein, Kiva Volunteer


El Sr. Basilio E., tiene 47 años vive en su casa propia junto con su pareja y sus cuatro hijos. Basilio posee una despensa donde vende todo tipo de mercaderías de primera necesidad, tales como frutas, verduras, fideos, arroz, azúcar, café, golosinas, gaseosas, jugos, etc.


Anteriormente, Basilio, poseía una gomería en uno de los accesos más importantes de la ciudad, pero debido a que el trabajo solicitaba estar casi las 24 hs. y la ganancia era muy poca, junto sus ahorros y abrió la despensa. El se encuentra muy contento con su negocio, ya que este le genera buenos ingresos y le permite compartir más con su familia.


Solicita un crédito con el que podrá incrementar su stock de mercaderías, ya que desea estar bien preparado para la época de fin de año y de calor que se avecinan, y que esto ocasiona a que la demanda de ciertos productos aumente considerablemente.

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
  • 56
    View loans »
    Paraguay Loans Fundraising
  • $28,691,625
    Funds lent in using Kiva
  • 4,658.6
    Paraguay Guarani (PYG) = $1 USD

Success!! The loan was 100% repaid

A loan of $450 helped Basilio purchase beverages, meats, fruits, juices, snacks, beer, rice, etc.
100% repaid
Repayment Term
15 months (Additional Information)
Repayment Schedule
Monthly
Disbursed:
Dec 13, 2007
Listed
Nov 29, 2007
Currency Exchange Loss:
Covered
Ended:
Jan 15, 2009