Update on IsacioIsaico is 55 years old. He is married and has 9 children. He lives in his own home and must work hard to support his children, which he does with effort and sacrifice.
Isaico has his own business as the proprietor of a shop where he sells foodstuffs. In addition, he also makes and sells shoes. Over time, he has been able to cater to a diverse clientele, thanks to the quality of his work.
With this loan, Isaico wants to buy what he needs to run his business, so he needs washbasins, soles for shoes and imitation leather.
El señor Isacio tiene su propio negocio es propietario de una despensa donde vende minutas y además fabrica calzados para luego venderlos, a lo largo del tiempo pudo tratar con una clientela variada gracias a la calidad de su trabajo.
Con el crédito el señor desea comprar lo necesario para que su negocio funcione, por ello necesita palanganas, suelas para calzados, y cuerina.
Previous Loan DetailsSr. Isacio is from the city of Villarrica. He is 54 years old and married to Sra. Máxima. He is a merchant and operates a food pantry out of his home. Isacio also has a video games business that helps to generate extra income for his family.
He considers himself to be a hardworking and... More from Isacio's previous loan »
About Fundación ParaguayaFundación 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.
Concurrent and Successive Loans
Our Field Partners often work with borrowers over a series of loans as the borrowers build credit, take out bigger loans, and expand their businesses. In order to make it easier for our Field Partners to post loans for borrowers who have been listed on Kiva before, we allow them to post successive and concurrent loans for their Kiva borrowers. This means that our Field Partners are able to post a borrower's second, third, etc., loan on Kiva without having to re-enter all of the borrower's information.
This borrower has been listed on Kiva before, so you'll see an updated loan description, as well as excerpts of the original descriptions from earlier loans. Most borrowers take out loans consecutively, meaning that they receive a second loan after having repaid the first. However, sometimes our Field Partners give out concurrent loans, allowing borrowers to take out one primary loan and a secondary "add-on" loan along with it. These "add-on" loans are typically smaller than the borrower's primary loan and serve a different purpose. Because Field Partners can now post loans as successive and concurrent loans, you will be able to track borrower progress over time and see the various ways a borrower is working with our Field Partners through funds from Kiva’s lenders.
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Success!! The loan was 100% repaid
- Repayment Term
- 15 months (Additional Information)
- Repayment Schedule
- Jul 23, 2012
- Aug 28, 2012
- Currency Exchange Loss:
- Aug 17, 2013
Photo from previous loan
Kiva allows our Field Partners to re-use the same photo for individual borrowers that have been posted on Kiva's website once before in a 24 month period, and we allow them to re-use group photos for up to 24 months, provided that 80% of the current group's membership is represented.
Taking, collecting, and uploading photos of borrowers is one of the most challenging elements of using Kiva for our Field Partners. In order to make Kiva easier for Field Partners to use, we have allowed them to post successive and concurrent loans without taking a new photo of the borrower if the criteria above are met.