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Albanio
Albanio is 58 years old and married to Teodora. They buy, package, and sell hardwood charcoal. At first they used to buy the charcoal already packaged, but they were able to expand their storage area and they can now store up to 15,000 kg of charcoal. They buy bags and polyurethane, package the charcoal, and sell to small businesses in the zone. They make their sales from a small cart. They have a young school-aged daughter.

They need this loan to buy charcoal because they are increasing their number of customers and need to increase their amount of charcoal to meet their demands. Their greatest desire it to provide an education for their daughter so that they can guarantee her a prosperous future.
View original language description ↓
El Sr. Albanio tiene 58 años, está casado con la Sra. Teodora. Ellos se dedican a la compra, envasado y venta de carbón vegetal. Inicialmente compraban los carbones envasados y solo lo vendían, actualmente lograron ampliar su depósito y pueden almacenar hasta 15.000 Kg. De carbón, compran las bolsitas de cartón y polietileno, las envasan y venden a pequeños comercios de la zona. Sus ventas la realizan en un carrito. Tienen una hija menor quien se encuentra en edad escolar.
Ellos necesitan de este crédito para compra de carbón vegetal, pues están aumentando su clientela, por lo que también deben aumentar la cantidad de carbón envasado y cumplir con estos pedidos. Su mayor anhelo es poder brindar una buena educación a su hija, para poder garantizarle un futuro prospero.

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 $575 helped Albanio to buy charcoal.
100% repaid
Repayment Term
15 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Nov 29, 2012
Listed
Dec 24, 2012
Currency Exchange Loss:
Covered
Ended:
Jan 17, 2014