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Miguel
Mr. Miguel is 52 years old, and is married to Mrs. Estelvina who sells foodstuffs; they have three children for whom they work very hard each day.

Mr. Miguel began his work as a mechanic and locksmith some 27 years ago. He says that his workshop is one of the most well known in the city, he started working as a mechanic in a transportation company and later started his own business in his home where he has all of the materials that he uses to work.

Mr. Miguel needs the loan to buy new soldering iron equipment since his customers are particular and choose him for the great service that he provides. He is grateful for the opportunity that is available to him since it will be of great help.

View original language description ↓
El señor Miguel tiene 52 años de edad, está casado con la Sra. Estelvina quien es comerciante, se dedica a la venta de comestibles, tienen tres hijos, por quienes ellos luchan.
Don Miguel se inicio hace mas de 27 años en el rubro de la mecánica y chapería, trabajando en aquel tiempo según comenta en uno de los talleres mecánicos más reconocidos de la ciudad, luego ingreso como mecánico en una empresa de de transporte, mas tarde habilito su taller propio en su casa en donde tiene todos los materiales para poder dar sus servicios de mecánico y chapista.
Solicita ayuda para la compra de un nuevo equipo de soldadura, ya que su clientela es exigente y lo elige por el buen servicio que ofrece. El agradece por la oportunidad que está recibiendo, pues le será de mucha ayuda.

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
  • 95
    View loans »
    Paraguay Loans Fundraising
  • $31,344,150
    Funds lent in using Kiva
  • 4,290.0
    Paraguay Guarani (PYG) = $1 USD

Success!! The loan was 100% repaid

A loan of $550 helped Miguel buy a soldering iron.
100% repaid
Repayment Term
15 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Mar 22, 2012
Listed
Apr 25, 2012
Currency Exchange Loss:
Covered
Ended:
May 17, 2013