Check out some available loans that are similar to this one!
Miguel
Miguel, 48, has been married for 24 years to Fermina, 44. The couple has four children, ages 23, 19, 12, and 6.

Miguel has a well-stocked store. He has worked at this for 17 years. After he got married he went abroad to work. He managed to get together a little bit of money and upon returning to his country was able to start his business, which is run by his wife. Some time ago he set up another business with his brother in another place where he sells construction materials. Thanks to these incomes that he has they can pay for their children's studies, since his biggest dream is for his children to be professionals and have careers.

He is requesting this loan to buy rice, sugar, flour, yerba mate, soap, general candy, beverages, wine, and other products with which he will be able to stock his business well and so keep his customers.
View original language description ↓
El señor Miguel tiene 48 años de edad está casado hace 24 años con la señora Fermina de 44 años de edad, el matrimonio tiene cuatro hijos de 23, 19. 12 y 6 años.
El Sr. Miguel tiene una despensa bien surtida. El se dedica a esto hace 17 años, después de casarse se fue a trabajar en al extranjero, pudo juntar un poco de dinero y a su vuelta al país pudo empezar su negocio que es administrado por su señora. Él desde hace un tiempo atrás formó otro negocio con su hermano en otro local donde comercializa materiales de construcción y gracias a estos ingresos que tiene pueden costear el estudio de sus hijos, pues su mayor sueño es que sus hijos sean profesionales y tengan una profesión. Solicita este préstamo para la compra de arroz, azúcar, harina, yerba, jabón, golosinas en general, bebidas, vino y demás, con lo cual podrá tener bien surtido su negocio y de esa forma mantener su clinentela.

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
  • 86
    View loans »
    Paraguay Loans Fundraising
  • $31,419,450
    Funds lent in using Kiva
  • 4,600.0
    Paraguay Guarani (PYG) = $1 USD

Success!! The loan was 100% repaid

A loan of $750 helped Miguel to buy rice, sugar, flour, yerba mate, soap, candy, etc.
100% repaid
Repayment Term
15 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Dec 23, 2011
Listed
Jan 21, 2012
Currency Exchange Loss:
Covered
Ended:
Feb 15, 2013