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Marcelino
Marcelino is 59 years old, is married and has four children, who are all adults and independent. He says he has been engaged in carpentry for more than 15 years. He began this activity thanks to the support of his father. With the help of his family and with hard work, his business grew rapidly and now he has all the necessary tools for his activity. He is doing very well because he got good reputation in the neighborhood for the good work he always does, and as a result he has been able to give his family everything they need for a decent life.

He is requesting a loan to buy a tool for his workshop, because he has great demand for his work, and thus he will provide better service and speed to his customers.
View original language description ↓
Don Marcelino 59 años de edad, es casado tiene 4 hijos, quienes ya son todos mayores e independientes. Nos cuenta que hace más de 15 años se dedica a la carpintería, pudo comenzar su actividad gracias al apoyo de su padre. Con la ayuda de su familia y gracias al trabajo arduo, su negocio fue creciendo rápidamente, y en la actualidad cuenta con todas las herramientas necesarias para su actividad y le va muy bien ya que se hizo de buena fama en el barrio por el buen trabajo que siempre hace y gracias a ello ha podido dar a su familia todo lo que necesitan para una vida digna.
El préstamo lo solicita para la compra de una herramienta para su taller, ya que posee gran demanda de sus trabajos, para así brindar mejor atención y rapidez a sus clientes.

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

  • $4,555
    Average annual income
  • 60
    View loans »
    Paraguay Loans Fundraising
  • $28,869,750
    Funds lent in using Kiva
  • 4,454.9
    Paraguay Guarani (PYG) = $1 USD

Success!! The loan was 100% repaid

A loan of $1,250 helped Marcelino to buy tools for his workshop.
100% repaid
Repayment Term
15 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Sep 14, 2012
Listed
Oct 12, 2012
Currency Exchange Loss:
Covered
Ended:
Nov 17, 2013