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Isacio

Update on Isacio

Isaico 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.
View original language description ↓
El señor Isacio tiene 55 años de edad, es casado tiene 9 hijos y vive en su propia casa; debe trabajar arduamente para mantener a sus hijos, lo hace con sacrificio y esfuerzo.
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 Details

Sr. 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 »

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.

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.

About Paraguay

  • $4,555
    Average annual income
  • 62
    View loans »
    Paraguay Loans Fundraising
  • $29,035,975
    Funds lent in using Kiva
  • 4,435.0
    Paraguay Guarani (PYG) = $1 USD

Success!! The loan was 100% repaid

A loan of $900 helped Isacio to buy rice, meats, milk, soles for shoes and imitation leather, etc.
100% repaid
Repayment Term
15 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jul 23, 2012
Listed
Aug 28, 2012
Currency Exchange Loss:
Covered
Ended:
Aug 17, 2013
This photo was used before for a previous loan for Isacio. It was first posted on Kiva on Sep, 2011. Learn More