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Hugo Dario
Hugo, 43, is married and has two children. He has been a businessman for more than 15 years. He first began selling orchids with his mother, while his wife ran a little store in their home. With the little savings he managed to get together from their profits and turn into his own capital, he began to buy orchids and get his own clientele, which at the moment is centralized in Argentina.

Hugo comments that his income is very good and his sales increased, since he satisfies his customers' demands.

He is requesting the loan to buy flowers (orchids) to be able to continue with his business.

Hugo is grateful to Fundación Paraguaya and Kiva for their constant support to strengthen his micro-business. At the same time, he hopes to always receive such valued support.
View original language description ↓
Don Hugo tiene 43 años, está casado y tiene 2 hijos. Es comerciante desde hace más de 15 años, empezó vendiendo primeramente las orquídeas con su mamá, mientras que su señora administraba una pequeña despensa en su casa, y con el pequeño ahorro que pudo juntar de sus ganancias y hacerse de capital propio, empezó a comprar las orquídeas y formar su propia clientela que hoy por hoy se encuentra centralizada en Argentina.
El Sr. Hugo comenta que sus ingresos son muy buenos y sus ventas aumentaron ya que cumple con la exigencia que su clientela requiere. El solicita el crédito para la compra de flores (orquideas) para poder seguir con su negocio. Don Hugo agradece a fundación paraguaya y Kiva por el apoyo constante que les brinda para fortalecer su microempresa y a la vez espera recibir siempre tan valioso apoyo.

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
  • 96
    View loans »
    Paraguay Loans Fundraising
  • $30,930,425
    Funds lent in using Kiva
  • 4,180.0
    Paraguay Guarani (PYG) = $1 USD

Success!! The loan was 100% repaid

A loan of $1,075 helped Hugo Dario to buy orchids for later sale.
100% repaid
Repayment Term
15 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Sep 22, 2011
Listed
Nov 1, 2011
Currency Exchange Loss:
Covered
Ended:
Nov 15, 2012