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Pedro
Pedro is a mechanic. He’s married and lives with his wife and two children. They own their house. He’s a mechanic and has his shop in a rented property. He’s been in this profession for about 15 years. His family helps him run the business since his children help him with the work that’s done there. He defines himself as a very hard working, self sacrificing person. He works hard every day to support his family.

He asks the Fundación for a loan to invest in his shop’s infrastructure and to acquire more tools he’ll use in the shop. He has all his hopes pinned on the loan because it will be a great help.
View original language description ↓
Él Sr. Pedro es mecánico, es casado, vive con su Sra. Y sus 2hijos, tienen casa propia.
Él se dedica a la mecánica, posee un taller en una propiedad alquilada, se dedica a esta profesión hace 15 años aproximadamente, cuenta con el apoyo de su familia para llevar adelante su negocio, ya que sus hijos lo ayudan con el trabajo que realiza en su negocio.
Se define como una personas muy trabajadora y sacrificada, cada día trabaja arduamente para lograr el sustento de su familia.
Solicita el crédito a la Fundación para invertir en la infraestructura de su taller, además conseguir mas herramientas que va a utilizar en su taller. Tiene las esperanzas puestas en el crédito ya que le sera de gran ayuda.

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
  • 28
    View loans »
    Paraguay Loans Fundraising
  • $28,078,500
    Funds lent in using Kiva
  • 3,990.0
    Paraguay Guarani (PYG) = $1 USD

Success!! The loan was 100% repaid

A loan of $600 helped Pedro to provide infrastructure for his shop, for its maintenance and to acquire tools.
100% repaid
Repayment Term
15 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
May 26, 2011
Listed
Jun 26, 2011
Currency Exchange Loss:
Covered
Ended:
Jul 15, 2012