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Ernesto is 46 years old. He and his wife have been married for 26 years. They have three children. The oldest daughter is 26 years old and has just become a lawyer. Their second son is 18 and is studying commercial engineering. The youngest son is twelve and is still attending primary school.

Ernest relates that he has been committed to the same activity for 26 years, which is the sale of polyethylene bags of all sizes for carrying purchases from small shops, supermarkets, pharmacies, etc. He tells how at first he decided to fabricate these bags, and for that work he bought all the necessary equipment and tools. However, it turned out to be more economical to buy and sell the ready-made products, so he decided to resell that equipment.

Today he goes out every day, including Sundays, to offer his products, his principal clients being the owners of supermarkets, small shops and kiosks, etc. At this time, he needs a loan to build up his inventory, to buy a wide variety of bags of various colors and sizes because there is big demand.

Translated from Spanish by Charlie Kehler, F. P. Volunteer

Ernesto tiene 46 años, está casado hace 26 años con Lidia. Tienen 3 hijos, la hija mayor tiene 26 años y acaba de recibirse de abogada, el segundo hijo tiene 18 años y está estudiando ingeniería comercial y el menor de todos tiene 12 años y aún va a la primaria.

Ernesto comenta que hace 26 años se dedica a la misma actividad que es la venta de bolsas de polietileno de todas las medidas utilizadas para cargar mercaderías en las despensas, supermercados, farmacias, etc. Cuenta que primeramente se propuso fabricar dichas bolsas, por lo que compró todas las maquinarias que se utilizan en dicho trabajo, sin embargo le resultaba más rentable comprar y vender directamente las mercaderías, por lo que decidió vender nuevamente dichas maquinarias.

Actualmente sale todos los días, inclusive los días domingos y feriados a ofrecer sus productos, siendo sus principales clientes los propietarios de supermercados, despensas, kioskos, etc.

En esta oportunidad necesita de un préstamo para aumentar su stock de mercaderías debido a que tiene mucha demanda.

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
  • 48
    View loans »
    Paraguay Loans Fundraising
  • $33,680,975
    Funds lent in using Kiva
  • 4,022.0
    Paraguay Guarani (PYG) = $1 USD

Success!! The loan was 100% repaid

A loan of $1,000 helped Ernesto buying polyethylene bags of different sizes.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Jul 10, 2008
Jun 12, 2008
Currency Exchange Loss:
Jan 15, 2009