Perfecto Parra

Status: Paid Back

$1,200
Loan Request
Disbursed : Jun 30, 2008
Listed: Jun 11, 2008
Funded: Jun 16, 2008
$1,200
Paid Back
Ended: Jun 15, 2009

About the Country

Country:Paraguay
Avg Annual Income:$4,555
Currency:Paraguay Guarani (PYG)
Exchange Rate:4,047.4000 PYG = 1 USD


About the Loan

Location: San Lorenzo, Paraguay   Repayment Term: 13 months
(more info)
Activity: Milk Sales   Repayment Schedule: Monthly
Loan Use: To purchase a milk processing machine.   Currency Exchange Loss: Covered
      Default Protection: Covered

The primary economy of Paraguya relies on beef cattle an on agriculture. With this in mind, Perfecto Parra purchases livestock. In current day he has 20 milk cows, 14 calves, and 4 horses. Perfecto sells the milk and he starts his days in the early hours of the morning to care for his cows and to later distribute and make his sales with a small cart.



Perfecto cares for his animals as if they were his daughters, each one even has a name. Perfecto cares for them with a great leave of love and they always obey him.



In future Perfecto wishes to purchase a car to facilitate the distribution of his milk products.



The funds of the credit requested will be invested in milk processing machines to prepare for sales.



Translated from Spanish by Erika Lindig, Kiva Volunteer.



Las principales actividades económicas del Paraguay son la ganadería y la agricultura. Teniendo en cuenta esto, Perfecto Parra compro animales; actualmente cuenta con 20 vacas lecheras, 14 vaquillas y 4 caballos. Perfecto vende leche y se levanta tempranas horas de la madrugada para ordenar las vacas y así después procesarlas para luego distribuirlas y venderlas en su carrito.


Perfecto cuida a sus vacas como si fueron sus hijas, inclusive cada una de ellas tiene nombre, y Perfecto las trata con mucho cariño, es por eso que ellas siempre lo obedecen.
En un futuro Perfecto desea comprar un automóvil que le facilite la distribución de la leche.


El dinero del crédito solicitado será invertido en maquinas para el procesamiento de la leche para su venta.


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Journal entries for Perfecto Parra


Loan has been disbursed
 
Entrepreneur: Perfecto Parra
Location: San Lorenzo, Paraguay

Thank you for your loan. It has been disbursed to Perfecto Parra by Fundación Paraguaya in Paraguay. We are excited to watch this business grow. Over the next 11 months, Fundación Paraguaya will be collecting repayments from this entrepreneur and posting progress updates on the Kiva website.


Posted by Denysse Figueredo from San Lorenzo, Paraguay
Jun 18, 2008
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Kiva Help Repayment Schedule for Perfecto Parra

  Expected Repayments Actual Repayments Comments
September 2008 $109.09 $110.00 Repayment Received
October 2008 $109.09 $110.00 Repayment Received
November 2008 $109.09 $110.00 Repayment Received
December 2008 $109.09 $110.00 Repayment Received
January 2009 $109.09 $105.45 Repayment Received
February 2009 $109.09 $109.09 Repayment Received
March 2009 $109.09 $109.09 Repayment Received
April 2009 $109.09 $109.09 Repayment Received
May 2009 $109.09 $109.09 Repayment Received
June 2009 $109.09 $109.09 Repayment Received
July 2009 $109.10 $109.10 Repayment Received