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Juan Bautista
Juan is married to Ms. Nidia. They have two older, married children who are independent. They have a business together where they repair shoes and sell used shoes.

They started the business with money that Juan received as compensation from an earlier job. He explains that the only way for him to grow is through loans, as it is very difficult to accumulate enough operating capital. This is why he opted to make this request. Juan is a very responsible person with a desire to improve his lot. He has a jovial spirit and is an entrepreneur who does not doubt that he is going to achieve all of the goals he has set for himself.

Juan is requesting this loan to buy used shoes that he will later resell. He is grateful to the foundation for this opportunity.
View original language description ↓
El Señor Juan está casado con la Sra Nidia, tienen 2 hijos mayores casados e independiente de ellos. Tienen un negocio de compostura de calzado y venta de zapatos usados.
Se iniciaron en la actividad con un dinero que recibió Juan como parte de una indemnización que había recibido en un trabajo que realizo anteriormente. El manifiesta que la única forma de crecimiento es a través de los créditos, porque resulta muy difícil conseguir acumular el capital operativo, razón por el cual opta por este pedido. El es una persona muy responsable y con ganas de superación, tiene un espíritu jovial y emprendedor que no cabe duda que vaya a llegar a conseguir todas las metas que se ha propuesto.
El solicita el crédito para la compra de calzados usados para la posterior venta. Agradece a la fundación por la oportunidad que esta le da.


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
  • 93
    View loans »
    Paraguay Loans Fundraising
  • $30,964,825
    Funds lent in using Kiva
  • 4,040.0
    Paraguay Guarani (PYG) = $1 USD

Success!! The loan was 100% repaid

A loan of $1,100 helped Juan Bautista to buy used shoes to resell.
100% repaid
Repayment Term
15 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Aug 31, 2011
Listed
Oct 5, 2011
Currency Exchange Loss:
Covered
Ended:
Oct 15, 2012