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Carmelo
Carmelo is twenty-eight years old and is married to Demetria. They have one child. He owns a grocery store that is located near a ball field, which helps him have many customers since athletes usually frequent his store to purchase drinks after playing sports.
He says that his wife always helps him with his business. She prepares empanadas, milanesas [schnitzel-style breaded fried meat], and sandwiches which they sell in the store. Their dream is to increase their business, and in this way earn more profits so as to be able to guarantee their son a better future. This is what motivates their efforts.
He has turned to the Fundación to purchase drinks such as dry wines, cider, soda pop, sweets, and beer. In this way he will be able to continue offering his customers a variety of products at a fair price, which will allow him to continue improving his and his family’s quality of life.
View original language description ↓
El Señor Carmelo tiene 28 años de edad, esta casado con la Sra Demetria, ellos tienen 1 hijo. El es dueño de una Despensa, su local se encuentra ubicado cerca de una cancha lo que le ayuda a tener buena clientela porque es un lugar muy concurrido especialmente por deportistas que después de jugar se van a comprar bebidas.
Comenta que su esposa siempre lo ayuda en el negocio, ella se encarga de preparar empanadas, milanesas y sándwiches que se venden en la despensa. El sueño que tienen es agrandar su negocio y de esa forma tener un poco más de ganancias para poder, de esa forma, garantizarle un mejor futuro a su hijo, el cual es el motivo de lucha de ellos.
Acude a la Fundación para la compra de bebidas como vinos finos, sidras, gaseosas, golosinas y cervezas, de esa forma va a poder seguir ofreciendo a su clientela productos variados y a buen precio, de esa forma seguir mejorando su nivel de vida y de su familia.

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
  • 132
    View loans »
    Paraguay Loans Fundraising
  • $31,646,450
    Funds lent in using Kiva
  • 4,435.0
    Paraguay Guarani (PYG) = $1 USD

Success!! The loan was 100% repaid

A loan of $550 helped Carmelo to purchase drinks to sell in his grocery store.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Nov 24, 2011
Listed
Dec 22, 2011
Currency Exchange Loss:
Covered
Ended:
Dec 15, 2012