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Juan
Juan, 32, is married to Felicia and has three school-aged children. He makes and sells armchairs, small chairs, tables and garden chairs, all made of Karanda`y, a type of wood. Juan goes out to sell his products in a plaza, as well as delivering them to other merchants and making goods to order.

Currently he was able to start a small store so that his wife can generate more income for the family. They need this loan to buy Karanda`y because they received an order for home furnishings and they want to complete the order. His biggest wish is to be able to finish building his modest home and to give his kids the possibility of studying and being respected in society.
View original language description ↓
El Sr. Juan tiene 32 años, está casado con la Sra. Felicia. El fabrica y vende sillones, sillitas, mesitas y sillas de jardín, todas de karanda´y (una clase de madera). Tienen tres hijos en edad escolar. Don Juan sale a vender sus productos en una plaza además de entregar a otros vendedores y realizar también trabajos sobre pedido.
Actualmente ya pudo montar una pequeña despencita para que su esposa pueda generar un nuevo ingreso a la familia. Ellos necesitan de este crédito para compra de karanda´y pues recibieron un pedido de amoblamiento para una casa, y quieren cumplir con ese pedido. Su mayor anhelo es poder terminar de construir su modesta vivienda y brindar a sus hijos la posibilidad de estudiar y ser personas de bien para la sociedad.

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
  • 86
    View loans »
    Paraguay Loans Fundraising
  • $31,419,450
    Funds lent in using Kiva
  • 4,275.0
    Paraguay Guarani (PYG) = $1 USD

Success!! The loan was 100% repaid

A loan of $550 helped Juan to buy Karanda`y [wax palm] wood to make furniture.
100% repaid
Repayment Term
15 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Nov 23, 2012
Listed
Dec 20, 2012
Currency Exchange Loss:
Covered
Ended:
Nov 17, 2013