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Francisco
View original language description ↓
Francisco is a young 28-year old baker. He has lived with his partner Lilian for four years; they don’t yet have any children. Francisco started work in his father’s bakery at the age of fifteen. Five years ago he opened his own bakery but using his father’s equipment.



He notes that the work is very demanding, as he has to get up every day at 3am in order to make bread and the other baked products that he sells. He admits to the dream of opening his own fully-equipped bakery in the not too distant future.



At this time he needs a loan to buy sacks of flour so that he can increase production and sell more bread and other baked goods.

Translated from Spanish by Jane Agg, Kiva Volunteer.



Francisco es un joven panadero de 28 años de edad. Vive en pareja con Lilian hace 4 y aún no tienen hijos. Francisco comenzó a trabajar en la panadería de su papá a la edad de 15 años. Hace 5 años que trabaja por cuenta propia pero utilizando las maquinarias de su padre.


Comenta que su trabajo es muy sacrificado porque debe levantarse todos los días a las 03:00 a.m.para elaborar sus productos que consisten en todo tipo de panificados. Confiesa que su sueño a mediano plazo es montar su propia panadería totalmente equipada.


En esta oportunidad necesita un crédito para la compra de harinas en bolsas para de esa manera aumentar su producción y vender en cantidades mayores.

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
  • 48
    View loans »
    Paraguay Loans Fundraising
  • $29,035,975
    Funds lent in using Kiva
  • 4,267.0
    Paraguay Guarani (PYG) = $1 USD

Success!! The loan was 100% repaid

A loan of $725 helped Francisco to purchase flour.
100% repaid
Repayment Term
11 months (Additional Information)
Repayment Schedule
Monthly
Disbursed:
May 27, 2008
Listed
May 12, 2008
Currency Exchange Loss:
Covered
Ended:
Mar 16, 2009