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Ermo
Ermo has been married for several years and is the father of five adult children who are married and live independently from him and his wife. Ermo works buying and selling recycled materials, a business he began with a small amount of capital he was able to save from other jobs, and now works for himself. Thanks to his work, he has a comfortable home and all the household necessities. He has proven himself to be very responsible and honest in his commitments.

On this occasion, he is requesting a loan to buy recycled materials, such as plastics, bronzes, cardboard and other materials, which he will resell for a profit. He has had previous loans from the foundation and has an excellent credit record.
View original language description ↓
El Sr. Ermo es casado desde hace varios años. Tiene 5 hijos mayores casados e independiente de él y su esposa. Ermo trabaja en compra-venta de artículos reciclados, se inició con un pequeño capital que venía ahorrando de otros trabajos que realizaba y en la actualidad ya tiene su propio negocio.
Gracias a su trabajo tiene una casa cómoda y con todas las necesidades del hogar. Él ha demostrado ser una persona muy responsable y honesta en sus compromisos.
En esta ocasión solicita el crédito para la compra de los materiales reciclados, como ser plásticos, bronces, cartones y demás, los cuales revende y de allí tiene sus ganancias. El ya tuvo otros créditos con la fundación y cumplió en forma excelente con sus obligaciones

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
  • 65
    View loans »
    Paraguay Loans Fundraising
  • $29,035,975
    Funds lent in using Kiva
  • 4,300.0
    Paraguay Guarani (PYG) = $1 USD

Success!! The loan was 100% repaid

A loan of $550 helped Ermo to buy recycled materials such as plastics, bronzes, cardboard and others.
100% repaid
Repayment Term
15 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Apr 20, 2012
Listed
May 26, 2012
Currency Exchange Loss:
Covered
Ended:
May 17, 2013