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Menelio
View original language description ↓
Don Menelio is 24 years old, married to doña Nelly Fleitas who is also a merchant, and they have a two-year old son.

Mr. Menelio is a vendor, he owns a motorcycle for distribution and debt collection of the merchandise he sells. Previously he worked as an employee with a private enterprise. His father, who is also a vendor, supported him to become independent and presently don Menelio has more than three-hundred clients in several parts of the country.

The requested loan
will be invested in buying jeans, t-shirts, sports footwear, slippers, sheets, bedspreads, tablecloths, stockings, etc.

Translated from Spanish by Lene Struck, Kiva volunteer.





El Sr. Menelio tiene 24 años esta casado con la Sra. Nelly Fleitas que también es comerciante, tienen un hijo pequeño de dos años de edad.



El señor es vendedor ambulante, posee una moto con la que realiza los repartos y cobranzas de las mercaderías que vende. Anteriormente trabajaba como empleado en una empresa privada, su padre que dedica a lo mismo, lo apoyó para que se independizara y actualmente posee más de trescientos clientes en varios puntos del país.



El préstamo que solicita desea invertirlo en la compra de jeans, remeras, calzados deportivos, zapatillas, sábanas, colchas, manteles, medias, etc.

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
  • 4,696.8
    Paraguay Guarani (PYG) = $1 USD

Success!! The loan was 100% repaid

A loan of $1,075 helped Menelio purchase jeans, t-shirts, sports footwear, slippers, sheets, bedspreads, tablecloths, stockings, etc. to to meet customers' demands.
100% repaid
Repayment Term
10 months (Additional Information)
Repayment Schedule
Monthly
Disbursed:
Jan 9, 2008
Listed
Dec 26, 2007
Currency Exchange Loss:
Covered
Ended:
Jul 27, 2008