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German
Germán has been married to Cerafina for several years. They have five grown children, and all of them are independent.

Together they set up a grocery store in their house, which is located in a strategic place in the city. He says they started with a little capital that they got from other jobs they had done previously as salaried workers. Thanks to the work they are doing they have educated their children, who are university graduates. In addition to the grocery store, Germán works as a bricklayer.

He is requesting the loan to buy basic needs products to stock his store. He will buy things like rice, noodles, sugar, and others. He is grateful for the help that he is receiving. It is a great growth opportunity for him.
View original language description ↓
El Sr. Germán está casado con la Sra. Cerafina hace varios años, tienen 5 hijos mayores, todos ya independientes a ellos.
Juntos montaron una despensa en su casa que está ubicada en un lugar estratégico de la ciudad. Comenta que se iniciaron con un pequeño capital que consiguieron con otros trabajos que han realizado anteriormente como asalariados.
Gracias al trabajo que están realizando educaron a sus hijos que son universitarios. El Sr. Germán además de la despensa trabaja como albañil de obras.
El solicita el crédito para la compra de productos de primera necesidad para poder surtir su negocio, como ser arroz, fideo, azúcar y otros. El agradece por la ayuda que está recibiendo, pues es una gran oportunidad de crecimiento para el.

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
  • 44
    View loans »
    Paraguay Loans Fundraising
  • $28,281,075
    Funds lent in using Kiva
  • 4,500.0
    Paraguay Guarani (PYG) = $1 USD

Success!! The loan was 100% repaid

A loan of $1,225 helped German to buy rice, noodles, sugar, and other items.
100% repaid
Repayment Term
15 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
May 31, 2012
Listed
Jun 28, 2012
Currency Exchange Loss:
Covered
Ended:
May 17, 2013