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Marcos
Marcos is a 54-year-old father who is married and has two children. He has worked in the shipping business and from this, has made enough funds to invest in two of his own businesses. His first business is the sale of construction materials and the second is providing telephone service to people for a fee. Both businesses are run by Marcos and his wife and they share the responsibilities.



With the profits he makes from these two businesses, Marcos wants to invest in buying more bricks, sand, and other construction materials. The demand is always high in the area of construction, yet exceptionally high during these next few months. The construction materials he sells are very scarce and it is hard to meet the demand of the customers.



Marcos is asking for a loan in order to purchase these items, to keep his business running smoothly and to continue to work towards a better life for his family.

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
  • 92
    View loans »
    Paraguay Loans Fundraising
  • $30,816,725
    Funds lent in using Kiva
  • 4,655.0
    Paraguay Guarani (PYG) = $1 USD

Success!! The loan was 100% repaid

A loan of $1,075 helped Marcos to buy brick, cement, quicklime, and other construction materials.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Monthly
Disbursed:
Feb 4, 2008
Listed
Jan 20, 2008
Currency Exchange Loss:
Covered
Ended:
Jun 21, 2008