Check out some available loans that are similar to this one!
Mario
Mario has been married to Matilde for several years. They have six children. Three of their children are still dependent while the other three are already married and live independently.

Together, Mario and his wife set up a grocery store in their home which is located in a very densely-populated neighborhood. They started out with a little capital from the wages that they made in their previous jobs.

Thanks to their work, they have educated their children and been able to buy everything they need for their household. In addition to running their grocery store, Mario also works from home as a mechanic. He set up a small workshop so that he could increase his income and help his wife to cover their household expenses.

This is the first time that Mario has requested a Kiva loan. He hopes to receive help from Kiva lenders since he has very good references in his credit file. He would like the loan to buy a variety of merchandise such as sugar, rice, noodles, soap, cleaning products, personal care products, etc.
View original language description ↓
El Sr. Mario está casado con la Sra. Matilde hace varios años, tienen 6 hijos de los cuales 3 son menores y 3 ya están casados e independientes de ellos.
Juntos montaron una despensa en su casa que está ubicado en un barrio muy poblado de la zona, se iniciaron con un pequeño capital que consiguieron con otros trabajos que han realizado anteriormente como asalariados.
Gracias al trabajo que están realizando han educado a sus hijos y comprado todas las necesidades de su hogar.
El Sr. Mario además de la despensa trabaja como mecánico en su casa, montó un pequeño taller para que de esa manera pueda aumentar sus ingresos y ayudar a su esposa con los gastos del hogar.
Es la primera vez que solicita el crédito de Kiva, espera contar con la ayuda de los inversionistas, ya que en su expediente crediticio ha tenido muy buenas referencias, desea el préstamo para la compra de mercaderías varias, azúcar, arroz, fideo, jabones, artículos de limpieza, artículos de aseo personal y otros.

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
  • 56
    View loans »
    Paraguay Loans Fundraising
  • $28,869,750
    Funds lent in using Kiva
  • 4,070.0
    Paraguay Guarani (PYG) = $1 USD

Success!! The loan was 100% repaid

A loan of $600 helped Mario to buy a variety of merchandise such as sugar, rice, noodles, soap, cleaning products, personal care products, etc.
100% repaid
Repayment Term
15 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Mar 21, 2011
Listed
Apr 21, 2011
Currency Exchange Loss:
Covered
Ended:
May 16, 2012