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Francisco
Francisco Agüero is 27 years old, and he is married to Maura Cuellar. In addition, he is the father of a 3-year-old boy.


Since 2001, he has owned an embroidery shop where he and his wife work. He learned to embroider several years ago because his father used to teach him how to do so. The main types of outfits that Francisco embroiders are t-shirts and kepis.


The earnings from the embroidery shop are the main source of income for Francisco’s family. As a result of the earnings from their shop, Francisco was able to save some money and he invested such savings in building his own house.


Francisco is seeking a loan to purchase fabrics to increase the shop's production. Francisco’s main goal is to generate more income in order to expand his shop.

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
  • 103
    View loans »
    Paraguay Loans Fundraising
  • $30,964,800
    Funds lent in using Kiva
  • 4,150.0
    Paraguay Guarani (PYG) = $1 USD

Success!! The loan was 100% repaid

A loan of $250 helped Francisco to expand his embroidery shop's operations by purchasing additional fabrics.
100% repaid
Repayment Term
13 months (Additional Information)
Repayment Schedule
Monthly
Disbursed:
May 30, 2008
Listed
May 16, 2008
Currency Exchange Loss:
Covered
Ended:
May 15, 2009