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Gerardo Rubén
Rubén is 24 years old; his partner is Miss Sandra Beatriz Samudio, 20 years old. They live in their own home, in the San Blás section of Caacupé, 52 km. from the capital.
Rubén buys and sells Paraguayan cheese, the principal ingredient used to produce chipa. Every day he travels to the rural areas to find places that offer good prices, which enables him to enjoy a good profit margin.
With the loan from the Paraguayan Foundation and Kiva, he will increase business activity and satisfy his customers’ needs, and thereby improve his income and his family’s living conditions.
View original language description ↓
El Sr. Gerardo Rubén tiene 24 años, su pareja es la Srta. Sandra Beatriz Samudio de 20 años, viven en casa propia en el barrio San Blás de Caacupé, distante 52 km de la capital del País.
El sr. Gerardo Rubén se dedica a la compra-venta de queso paraguay, insumo principal para la producción de la chipa, cada día sale al interior del país a buscar donde conseguir buenos precios, lo que hace que obtenga un buen margen de utilidad.
Con el crédito de la Fundación Paraguaya y Kiva obtendrá mayor movimiento de su negocio y cubrir la demanda de su clientela, con ello mejorará sus ingresos y la calidad de vida de su familia.

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
  • 49
    View loans »
    Paraguay Loans Fundraising
  • $27,441,200
    Funds lent in using Kiva
  • 4,370.0
    Paraguay Guarani (PYG) = $1 USD

Success!! The loan was 100% repaid

A loan of $775 helped Gerardo Rubén to buy chese for resale.
100% repaid
Repayment Term
15 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Feb 17, 2011
Listed
Mar 14, 2011
Currency Exchange Loss:
Covered
Ended:
Apr 15, 2012