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Irineo
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Ireneo is 37 years old, married to Alejandrina Alfonso and with two small children. Their children are still attending school but they all live in harmony in their humble home.


Ireneo began to work with "Fundacion Paraguaya" as a member of a male enterpreneur's group. Thanks to the fact that he made his payments on time every month, the foundation was able to give him more personal loans.


Ireneo sells wholesale foods in order to provide kiosks and other small stores. He sells items such as: wines, candy, noodles, rice, coffee, sugar, flour, fruits, vegetables.


He's been doing this for over 4 years and tells us that it is going great. He has a nice amount of clients in different parts of the city. Ireneo requests this credit in order to purchase more goods, since prices continue to increase.


Translated from Spanish by Maria Peterson, Kiva Volunteer.



El señor Ireneo tiene 37 años de edad, esta casado con la señora Alejandrina Alfonso, tienen 2 hijos menores aún, que van a la escuela, viven todos juntos en armonía en una pequeña casa.



Ireneo comenzó a trabajar con la Fundación Paraguaya como cliente formando parte de un grupo solidario de préstamo para hombres emprendedores. Gracias a su puntualidad en sus pagos y por demostrar gran interés de superación, la Fundación ahora accedió al sistema financiero de préstamos personales.



Ireneo se dedica a la venta al por mayor de mercaderías para proveer a despensas y kioscos, mercaderías como: vinos, golosinas, fideos, arroz, café, azúcar, harina, porotos, hortalizas, entre otras cosas.




Hace ya más de cuatro años que se dedica a esto, y nos cuenta que le va muy bien, posee una buena cantidad de clientes y en diferentes ciudades del país. Ireneo solicita el crédito con el que podrá adquirir mayor cantidad de mercaderías a mejor precio, ya que hoy día la competencia en precios con los supermercados es bastante alta.

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

  • $4,555
    Average annual income
  • 49
    View loans »
    Paraguay Loans Fundraising
  • $29,527,325
    Funds lent in using Kiva
  • 4,582.0
    Paraguay Guarani (PYG) = $1 USD

Success!! The loan was 100% repaid

A loan of $450 helped Irineo purchase of bulk items: wine, candy, noodles, rice, coffee, sugar, flour, fruits, vegetables, etc.
100% repaid
Repayment Term
10 months (Additional Information)
Repayment Schedule
Monthly
Disbursed:
Apr 10, 2008
Listed
Mar 25, 2008
Currency Exchange Loss:
Covered
Ended:
Dec 15, 2008