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Héctor
Héctor O. is 49 years old. He is originally from the city of Roque González. He has been married to 50 year-old Petrona Fleitas for more than 23 years. They have five children: two are school age and the other three are already grown up, professionals and financially independent.

The grocery store that Héctor set up in his home 22 years ago now has an established customer base. Héctor also graduated as a teacher. He carries out this profession too which provides him with an additional income.

Héctor would like to buy more merchandise to increase his stock. In the month of December prices rise and with this purchase he will maintain his cost margin. He would like to increase his income so that he continue supporting his two youngest children so that they can become good professionals.
View original language description ↓
Héctor O. tiene 49 años de edad, oriundo de la ciudad de Roque González, está casado hace más de 23 años con Petrona Fleitas de 50 años de edad, tienen 5 hijos, 2 en edad escolar y 3 hijos que ya son mayores de edad, profesionales y económicamente independientes.
La despensa que montó en su casa tiene 22 años de antigüedad ya cuenta con clientela formada, además se graduó de docente que también ejerce y cuenta con un ingreso adicional.
Ahora desea comprar más mercaderías para aumentar su stock de mercaderías.
En el mes de diciembre los precios suben y con esta compra va a mantener el margen del costo.
El desea aumentar sus ingresos para seguir apoyando a sus demás hijos para que en el día de mañana sean buenos profesionales.

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
  • 74
    View loans »
    Paraguay Loans Fundraising
  • $30,816,725
    Funds lent in using Kiva
  • 4,600.0
    Paraguay Guarani (PYG) = $1 USD

Success!! The loan was 100% repaid

A loan of $850 helped Héctor to buy merchandise (noodles, rice, sugar, etc.).
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Disbursed:
Dec 29, 2010
Listed
Dec 14, 2010
Currency Exchange Loss:
Covered
Ended:
May 15, 2011