Mr. Miguel Angel R. C. is a happily married man with his own house that has all the necessities you'll find in a home. He is a micro-entrepreneur who owns a general store called "Nueva Esperanza" (New Hope).
He has been in business for four years, which allows him to have very good clientele and income.
He requested a loan for 4,386,356 PYG to purchase goods, oil, flour, sugar and yerba brought from across the border in Posadas Misiones, Argentina, which allows for the cost go down and profit to go up.
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.