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Gabriel Benitaz has owned a convenience store for 17 years. With this business he is able to care for his wife, Vitalina, and their four children who are still in school. The store is called, “Comercial B.,” and is situated in a good location and services a good amount of clientele. From his sales, Gabriel has recently bought a small truck to transport his goods and his family.

He continues to work to increase his number of customers. His business is becoming popular in the neighborhood, and through good references and personal relationships, the word is spreading about the great quality of his store. With a loan he will continue to help the business grow by improving the facilities, and buying a greater variety of goods to sell in his store.

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
  • 68
    View loans »
    Paraguay Loans Fundraising
  • $33,469,725
    Funds lent in using Kiva
  • 4,694.3
    Paraguay Guarani (PYG) = $1 USD

Success!! The loan was 100% repaid

A loan of $1,075 helped Gabriel to buy various grocery items and merchandise for his grocery store.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Feb 20, 2008
Feb 3, 2008
Currency Exchange Loss:
Mar 16, 2009