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Vicente Rubén
Mr. Vicente M., 52 years old, is married to Mrs. Mary Viveros. They have 2 adult children.

Before beginning his current activity, Mr. Vincent worked as a truck driver for someone else, but then gave up that work. With a settlement payment, he was able to obtain the capital necessary to undertake his current activity of producing bricks.

This activity was started about 15 years ago, so he already has experience and a clientele for his good quality products. The requested loan is for expanding the furnace where he fires the bricks.

Mr. Vincent thanks the foundation for the loan obtained and hopes to offer his customers more of the same quality of his products.

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
  • 77
    View loans »
    Paraguay Loans Fundraising
  • $30,204,950
    Funds lent in using Kiva
  • 4,540.0
    Paraguay Guarani (PYG) = $1 USD

Success!! The loan was 100% repaid

A loan of $1,200 helped Vicente Rubén expanding of furnace.
100% repaid
Repayment Term
15 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jan 25, 2011
Listed
Feb 18, 2011
Currency Exchange Loss:
Covered
Ended:
Mar 15, 2012