Check out some available loans that are similar to this one!
Hugo
Hugo M. is 41 years old. He is originally from the city of Acahay. He is married to 38 year-old Felicia and they have two children. One of their children is school age and the other is in the fourth year of his Systems Analysis degree at a local university.

Hugo is a salesman who has been selling electrical appliances for more than 15 years. He goes from town to town looking for customers. Thanks to his hard work and his business, he has been able to build his own home in the very center of the city on a plot of land that he inherited from his father.

Hugo took advantage of the location of his home and set up a book store there which generates him a very important additional income. He will use this loan to take advantage of the season since the school year is over and he can take advantage of this fact and acquire batches of books much more cheaply.
View original language description ↓
Hugo M. tiene 41 años de edad, oriundo de la ciudad de Acahay, está casado con Sra. Felicia de 38 años de edad, tienen 2 hijos, uno en edad escolar y el otro esta cursando el cuarto año de la carrera de análisis de sistema en una universidad de la zona.
El Sr. Hugo es comerciante se dedica en la venta de electrodoméstico hace mas de 15 años, recorre todas las ciudades en busca de clientes. Gracias a su esfuerzo y a esta actividad pudo construirse su casa propia en el centro mismo de la ciudad en un terreno que heredó de su padre.
Cabe destacar que aprovechó la ubicación de su casa y montó una librería, el cual le genera un ingreso agregado muy importante. Este crédito solicita para aprovechar la temporada, pues, como los años lectivos han culminado puede aprovechar para conseguir lotes de mercaderías mucho mas barato.

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
  • 79
    View loans »
    Paraguay Loans Fundraising
  • $30,204,950
    Funds lent in using Kiva
  • 4,600.0
    Paraguay Guarani (PYG) = $1 USD

Success!! The loan was 100% repaid

A loan of $525 helped Hugo to buy merchandise such as exercise books, paper and writing supplies in general.
100% repaid
Repayment Term
15 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Nov 24, 2010
Listed
Dec 14, 2010
Currency Exchange Loss:
Covered
Ended:
Jan 15, 2012