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Magdonio
Magdonio, 60, is married to Ninfalina, 53. They have two children, a 36-year-old son and a 28-year-old daughter.

Magdonio graduated as an electrician and electronics technician in 1972 and since then has worked repairing electric and electronic equipment like sound systems, amps, television sets, computers, mobile phones and others. He relates that thanks to his hard work he’s been able to give his family everything they need and now he wants to continue working to have a dignified old-age that’s free of wants.

He wants to use the loan to buy spare parts for electronic equipment and to update his mobile phone repair programs.
View original language description ↓
El Sr. Magdonio tiene 60 años y está casado con la Sra. Ninfalina que tiene 53 años. Tienen dos hijos, un varón de 36 años y una hija de 28.
Magdonio se recibió de electricista y de técnico en Electrónica en el año 1972 y desde esa fecha se dedica a la reparación de aparatos eléctricos y electrónicos como: Equipos de Sonido, amplificadores, Televisores, Computadoras, celulares y otros más. Cuenta que gracias a su arduo trabajo ha podido dar a su familia todo lo que necesitan, y ahora quiere seguir trabajando para poder tener una vejez digna y sin necesidades.
El mismo desea invertir el préstamo en la compra de repuestos para artículos electrónicos y en la actualización de programas para reparación de celulares.

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
  • 52
    View loans »
    Paraguay Loans Fundraising
  • $27,441,200
    Funds lent in using Kiva
  • 4,437.5
    Paraguay Guarani (PYG) = $1 USD

Success!! The loan was 100% repaid

A loan of $1,250 helped Magdonio to buy spare parts.
100% repaid
Repayment Term
15 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Sep 25, 2012
Listed
Oct 18, 2012
Currency Exchange Loss:
Covered
Ended:
Nov 17, 2013