Check out some available loans that are similar to this one!
Silvio
Señor Silvio, aged 60, is married and lives in the city of Villarrica. He told us that he runs a vehicle repair shop in Villarrica and is well known because he has served his customers for ages. He studied and worked in his profession in Buenos Aires, then came back to Paraguay and opened his own Automobile Mechanic Workshop. Thanks to his good service his workshop has secured several contracts with institutions and he performs repair and maintenance services for their cars. Silvio says that he has always worked and that he does it to give his family its daily bread. Despite being an elderly person he wants to continue helping at home.

Silvio applies for the loan to buy lubricating oil, which is much needed in his workshop. He is grateful to Kiva and the microfinance institution Fundación Paraguaya for the provided opportunity.
View original language description ↓
El Señor Silvio es de la ciudad de Villarrica, tiene 60 años de edad, está Casado, nos cuenta que se dedica a un Taller Mecánico bastante conocido en la Ciudad de Villarrica, por la antigüedad de su servicio.
Estudio y practico la profesión en la ciudad de Buenos Aires, luego regreso al Paraguay y monto su propio Taller Mecánico de Automotriz Gracias a su buen servicio, hoy en día su taller tiene varios convenios con las instituciones y realiza servicios de reparaciones y mantenimientos en general a los autos.
El comenta que siempre ha trabajado y que todo lo que hace es por poder dar a su familia el sustento diario, ya que a pesar de ser una persona de edad quiere poder seguir ayudando en la casa.
El solicita el crédito para la compra de aceites lubricantes, lo cual le será de gran ayuda en su taller. Está agradecido con kiva y fundación por la oportunidad que está recibiendo.

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
  • 4,630.0
    Paraguay Guarani (PYG) = $1 USD

Success!! The loan was 100% repaid

A loan of $650 helped Silvio to buy lubricating oil for his workshop and later resale.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jan 11, 2012
Listed
Feb 11, 2012
Currency Exchange Loss:
Covered
Ended:
Feb 15, 2013