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Mario Ruben
Mario S. is 44 years old, married to Inocencia Benítez for some time, and has 5 small children. He lives in his own house located in the Arroyo Pora neighborhood, district of Cambyreta, in the city of Encarnación.

Mario and his wife have been in commerce for approximately two decades. They dedicate themselves to making and selling chipas, cocido (a Paraguayan beverage that is usually mixed with milk), marineras, empanadas, and a variety of smaller dishes. They have many customers, even to the Aduana zone, the commercial zone and others.

Thanks to this activity, they have both been able to get ahead and expand their enterprise. Through this means they’ve also been able to maintain their home, educate their children, and meet any unexpected expense that might present itself.

They have requested this loan to buy ingredients for making chipas (a typical Paraguayan bread product made with starch and a lot of cheese).
View original language description ↓
El señor Mario S. tiene 44 años de edad, está casado con la señora Inocencia Benítez desde hace tiempo y tienen 5 hijos pequeños. Viven en su propia casa que está situada en el Barrio Arroyo Pora del distrito de Cambyreta, ciudad de Encarnación.
El señor Mario y su esposa son comerciantes desde hace dos décadas aproximadamente, ellos se dedican a la elaboración y venta de chipas, cocido (bebida paraguaya que se mezcla con leche generalmente), marineras, empanadas y minutas varias, tienen muchos clientes hacia la zona de la Aduana, el circuito comercial y otros.
Gracias a esta actividad ellos han podido salir adelante, pudieron ir ampliando su microempresa y mediante este hecho mantener su hogar, educar a sus hijos y solventar cualquier gasto imprevisto que se le pudiera presentar.
Ellos han solicitado este crédito para la compra de insumos para elaboración de chipas (panificado típico del Paraguay elaborado a base de almidón y mucho queso).

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

  • $8,400
    Average annual income
  • 122
    View loans »
    Paraguay Loans Fundraising
  • $31,646,450
    Funds lent in using Kiva
  • 4,030.0
    Paraguay Guarani (PYG) = $1 USD

Success!! The loan was 100% repaid

A loan of $1,100 helped Mario Ruben buy ingredients for making chipas: cheese, starch, cornflour, eggs, etc.
100% repaid
Repayment Term
15 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Mar 23, 2011
Listed
May 1, 2011
Currency Exchange Loss:
Covered
Ended:
May 15, 2012