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Nelson
Sr. Nelson F. M. is 37 years old and married to Sra. Rosa Cabrera, age 34. They have three children, a 16 year old son and two daughters (ages 7 and 3 respectively).


Sr. Nelson has been making silver jewelry for 16 years. He operates his business out of his home. The jewelry he produces includes rings, earrings, bracelets, chains, and pendants. His main customers are jewelry shops and retail stores.


Nelson wants to invest this loan in the purchase of silver in bulk so that he can get a larger discount. This will lower the cost of producing his jewelry pieces, thereby allowing him to earn more profit when he sells them.

View original language description ↓
El Sr. Nelson F. M. tiene 37 años y está casado con la Sra. Rosana Cabrera de 34 años, tienen 3 hijos, un varón de 16 años y dos niñas de 7 y 3 años respectivamente.
El Sr. Nelson se dedica a la fabricación de joyas de plata desde hace 16 años. El negocio funciona en su domicilio y las joyas que fabrica son anillos, aros, pulseras, cadenas y diges. Sus principales clientes son las joyerías y los revendedores.
El mismo desea invertir el préstamo en la compra de plata en forma mayorista, de esa manera obtendría mayor descuento por la misma y el costo de las joyas sería menor por lo que tendría mayor ganancia por la venta de los mismos.

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
  • 67
    View loans »
    Paraguay Loans Fundraising
  • $28,811,550
    Funds lent in using Kiva
  • 4,280.0
    Paraguay Guarani (PYG) = $1 USD

Success!! The loan was 100% repaid

A loan of $800 helped Nelson to purchase silver for making jewelry.
100% repaid
Repayment Term
13 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Feb 23, 2011
Listed
Apr 1, 2011
Currency Exchange Loss:
Covered
Ended:
Feb 15, 2012