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Gustavo
Gustavo, age 37, and his life companion, Josefina, have two children. He struggles untiringly for them. He does this because he wants to be able to give them everything that he was not able to have.

Gustavo has been growing and selling vegetables for over seven years. He does this with the help of his family. The loan he is requesting is to be able to buy a greater capacity motor in order to improve his watering system. He wants to be able to invest in his garden, which is his main source of income.

He is very grateful to the foundation and Kiva for the possibility of a loan. This way he will increase his income and help his family.
View original language description ↓
El Señor Gustavo tiene 37 años, está acompañado con la Señora Josefina con quien tiene 2 hijos, por quienes lucha incansablemente, ya que quiere poder darles todo lo que él no pudo tener.
El Señor Gustavo se dedica a la plantación y venta de hortalizas desde hace más de 7 años, actividad que realiza con la ayuda de su familia, el crédito que solicita es para poder invertirlo en la compra de un motor de mayor capacidad para mejorar su sistema de riego, ya que quiere poder invertir en su huerta, que es su principal fuente de ingresos.
Esta muy agradecido con la fundación y Kiva por la posibilidad de acceder a un crédito y de esa manera aumentar sus ingresos y ayudar de esa manera a su familia.

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
  • 92
    View loans »
    Paraguay Loans Fundraising
  • $31,557,250
    Funds lent in using Kiva
  • 4,395.0
    Paraguay Guarani (PYG) = $1 USD

Success!! The loan was 100% repaid

A loan of $1,025 helped Gustavo to buy a motor for his vegetable watering system.
100% repaid
Repayment Term
15 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Aug 16, 2012
Listed
Sep 19, 2012
Currency Exchange Loss:
Covered
Ended:
Oct 17, 2013