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Roberto
Roberto Riva is a young 28-year-old man who lives with his wife Nélida Ovando and their child. Since a young age, Roberto has worked arduously to improve his condition in life. He began as a traveling salesman, and it was during this time he met his wife. They worked hard and soon saved enough capital to create their own small business. Now, with a wife and a child to support, Roberto must work even harder to provide for his family.

Roberto’s business has continued to grow and now gives work to other people in the neighborhood. He sells various things at their store including clothing and household goods. Roberto is asking for a loan in order to buy more jeans and shirts, bedding, cooking pans, grills, and thermoses. The Riva’s plan is to continue expanding their business and provide a better life for their son. They hope that their son will someday become a great man and be successful in whatever profession he chooses.

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
  • 61
    View loans »
    Paraguay Loans Fundraising
  • $27,639,125
    Funds lent in using Kiva
  • 4,706.6
    Paraguay Guarani (PYG) = $1 USD

Success!! The loan was 100% repaid

A loan of $850 helped Roberto to buy jeans, shirts, thermoses, cooking pans, barbeque grills, and bed sheets.
100% repaid
Repayment Term
15 months (Additional Information)
Repayment Schedule
Monthly
Disbursed:
Feb 6, 2008
Listed
Jan 22, 2008
Currency Exchange Loss:
Covered
Ended:
Mar 16, 2009