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Jose
José is single and is currently in his first year of Business Administration. He owns an establishment that, thanks to his hard work and his parents’ support, helps him to get ahead and try to meet his goals. His business is a small grocery store.

Besides this business, José works as a “pasero” [he transports goods] in the mornings to help with some home expenses, since he lives with his parents. Thanks to his job, he manages to satisfy some of his needs. José has shown to be a responsible and honest person.

José is requesting a loan to buy oil, rice, noodles and other highly-demanded supplies and stock his store. He appreciates the help he is receiving, since it is a great opportunity for him.
View original language description ↓
José es soltero y actualmente está cursando el primer año la carrera de administración de empresas tiene un local propio que gracias a su esfuerzo y con la ayuda de sus padres está saliendo adelante y tratando de cumplir sus metas, su negocio consiste en un local de ventas de artículos de primera necesidad.
Además de su negocio, José trabaja como pasero (carga de mercaderías) por la mañana para ayudar con los gastos de su hogar. El vive en casa de sus padres. Gracias al trabajo que están realizando consigue satisfacer sus necesidades. El ha demostrado ser una persona muy responsable y honesta en sus compromisos.
Solicita de este crédito para la compra de aceite, arroz, fideos y demás, los cuales tiene mucha venta y quiere poder tener un buen stock. Esta muy agradecido por la ayuda que está recibiendo, pues es una gran oportunidad para él.

Additional Information

More information about this loan

This loan is designed for young people aged 15 to 25 whose families are living in poverty and who wish to start a new business or improve an existing business. As part of its Youth Entrepreneurship program, Fundación Paraguaya’s staff members offer mentorship, as well as training courses and workshops in finance and business administration. Borrowers also receive standard benefits like health coverage and life insurance. This type of loan is not offered by most other financial institutions in Paraguay. Young borrowers are often considered to be too risky because they lack prior credit history or business experience.

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

  • $4,555
    Average annual income
  • 54
    View loans »
    Paraguay Loans Fundraising
  • $27,485,400
    Funds lent in using Kiva
  • 4,035.5
    Paraguay Guarani (PYG) = $1 USD

Success!! The loan was 100% repaid

A loan of $1,375 helped Jose to buy oil, rice, noodles, and other supplies.
100% repaid
Repayment Term
15 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Feb 27, 2013
Listed
Apr 25, 2013
Currency Exchange Loss:
Covered
Ended:
Jun 17, 2014