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Miguel Raul S. (24) is married to Estela (22), and the couple lives in Espartillar in Carapegua with their two school-aged sons.

Miguel is a door-to-door sales person. While his wife makes bedspreads, he goes house by house to different cities offering different types of products, most of them typical Paraguayan crafts including the bedspreads his wife makes. Miguel started with this activity many years ago, since his family used to do the same thing.

Today Miguel has a wide range of customers who are delighted with the wonderful crafts Miguel sells. Thanks to this profitable business, Miguel now has his own house with all the necessities to have a good quality of life. The loan will be used to purchase swings, bedspreads, sheets and shoes.

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
  • 63
    View loans »
    Paraguay Loans Fundraising
  • $33,622,500
    Funds lent in using Kiva
  • 4,020.0
    Paraguay Guarani (PYG) = $1 USD

Success!! The loan was 100% repaid

A loan of $675 helped Miguel purchase of bedspreads, swings, sheets and shoes.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Jul 7, 2008
Jun 10, 2008
Currency Exchange Loss:
Jan 15, 2009