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Juan is 40 years old and married. His wife is in charge of taking care of the house. They have 3 adolescent boys who already have their own jobs, and a 16 year-old who is a student.

Juan comments that he specializes in the sale of coal. He started out in this line of work more than 10 years ago, working alongside his brother. He now works on his own. He has a shed that is filled with small bags of coal. He is in charge of packaging the coal and selling it in the area, and he has a truck available for this purpose. He dreams of becoming a major distributor in the area, but he comments that to do this he needs more capital. This is what motivated him to turn to the credit assistance of Fundación Paraguaya and Kiva.

He requests a loan to buy coal, and in this way increase his inventory so that he will have more product in stock.
View original language description ↓
El señor Juan tiene 40 años de edad, es casado, su esposa se encarga del cuidado de la casa, tienen tres adolescentes varones que ya cuentan con empleo propio y una adolescente de 16 años quien es estudiante.
El comenta que se dedica a la venta de Carbón, empezó este rubro hace mas de 10 años trabajando en sociedad con su hermano, actualmente trabaja por cuenta propia, cuenta con un galpón cargado con bolsitas de carbón, el mismo se encarga de envasar y vender por la zona para lo cual dispone de una camioneta. Sueña con ser uno de los distribuidores mayoritarios de la zona, pero comenta que para eso necesita de más capital lo que le motivo a acudir a la ayuda crediticia de fundación paraguaya y de kiva.
El solicita el crédito para la compra de carbón, y de esa forma poder abastecerse y tener más del producto en stock.

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
  • 61
    View loans »
    Paraguay Loans Fundraising
  • $33,479,050
    Funds lent in using Kiva
  • 4,530.0
    Paraguay Guarani (PYG) = $1 USD

Success!! The loan was 100% repaid

A loan of $775 helped Juan to buy coal to later sell.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Dec 20, 2011
Jan 16, 2012
Currency Exchange Loss:
Jan 15, 2013