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Hugo
Hugo, 40, is married to Romilia, 36, and they have 3 children. One of their children is attending a university, and the other 2 are in high school.

Hugo has had a business buying and selling wood to the sawmills in the area, and to individuals, for more than 5 years . He relies on the help of his wife, who has a store located in their home where she stocks goods that she sells to her neighbors and to other customers who drop in from time to time.
In addition, he grows sugar cane that he sells a year after he plants it, which helps him to support his family.

He is requesting a loan to buy wood that he will sell. In this way, he will continue to help his family, as he has been doing.
View original language description ↓
El señor Hugo tiene 40 años de edad, está casado con la señora Romilia de 36 años, tienen 3 hijos, uno de ellos estudia en la universidad y los otros dos cursan estudios en la secundaria.
Hugo se dedica a la compra y venta de madera hace mas de 5 años a aserraderos de la zona y a particulares, cuenta con la ayuda de su esposa quien posee una despensa ubicada en su domicilio donde surte a sus vecinos y a ocasionales clientes. El además tiene plantaciones de caña dulce que comercializa luego de un año de su plantación que le ayudan en la manutención de su familia.
El solicita el crédito para la compra de madera, lo cual venderá y de esa forma seguirá ayudando a su familia, como lo ha venido haciendo.

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
  • 102
    View loans »
    Paraguay Loans Fundraising
  • $30,964,775
    Funds lent in using Kiva
  • 4,470.0
    Paraguay Guarani (PYG) = $1 USD

Success!! The loan was 100% repaid

A loan of $1,225 helped Hugo to buy wood to sell.
100% repaid
Repayment Term
9 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Apr 27, 2012
Listed
May 30, 2012
Currency Exchange Loss:
Covered
Ended:
Dec 15, 2012