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Sr. Juan, 40, lives in the city of Ita. He owns an upholstery business on a well-trafficked street in the city. He tells us that he has owned the business for 6 years and has many loyal customers. He also owns a taxi business, a second source of much-needed income for his family.
Sr. Juan is applying for a loan that he will use to buy another vehicle. The investment will help him increase his income from the taxi business and, in turn, better support his family.
View original language description ↓
El señor Juan tiene 40 años, vive en la ciudad de Itá, el tiene una tapicería que se encuentra en un lugar estratégicamente ubicado en la ciudad de Itá, tiene clientes formados desde hace más de 6 años. El cuenta también con una parada de taxis, con lo cual ayuda a su familia y les da lo que necesitan.
El señor Juan solicita el crédito para la compra de un vehículo, con lo cual podrá tener un taxi más con lo cual podrá aumentar sus ingresos y seguir progresando.

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
  • 52
    View loans »
    Paraguay Loans Fundraising
  • $33,435,825
    Funds lent in using Kiva
  • 4,420.0
    Paraguay Guarani (PYG) = $1 USD

Success!! The loan was 100% repaid

A loan of $775 helped Juan to buy a vehicle for his taxi business.
100% repaid
Repayment Term
15 months (Additional Information)
Repayment Schedule
Aug 29, 2012
Sep 26, 2012
Currency Exchange Loss:
Sep 22, 2013