Update on TeodoroTeodoro is a very hard-working person. Above all, he is very responsible. He says that thanks to the previous Kiva loan he has been able to gradually improve his business, and it is continually growing. His goal is to expand his business and to also be able to give work to other people.
He is requesting a new loan to buy paint and fillers that he will be able to use in his automobile body and repair shop. He is grateful for the new opportunity that he is receiving.
Solicita un nuevo préstamo para la compra de pinturas y masillas que podrá usar en su taller de chaperia y de reparación de automóviles. El agradece por la nueva oportunidad que esta recibiendo.
Previous Loan DetailsTeodoro is 53 years old and married to 50 year-old Nilda. They have four children: one daughter and three sons, who are currently in school. Teodoro started working as an apprentice when he was 13 years old. Since then he has been panel beating, painting and repairing cars. He says that as ... More from Teodoro'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
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Success!! The loan was 100% repaid
- Repayment Term
- 15 months (Additional Information)
- Repayment Schedule
- Aug 23, 2012
- Sep 19, 2012
- Currency Exchange Loss:
- Oct 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.