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Mr. Marcos V. is from Barrio Navidad-Guayaybi. He is twenty-nine years old, is married to Mrs. Teodora Martinez, who is twenty-seven years old, and does not have any children. Marcos has been the owner of a grocery store and a butcher shop with his own premises for two years. His wife helps him by tending to the business. They have a good stock of merchandise and theirs is the best-known business in the area. The townspeople appreciate Marcos and Teodora a great deal because they are good, hard-working, and kind people.

In the future, Marcos would like to be able to buy a car so that he can deliver merchandise to the homes of his customers that live in remote areas. Thus, he will be able to increase his income and his clientele.

Now, he has decided to seek out a loan with which he will supply more merchandise in order to make more income. He would also like to supply a greater variety of products so that his store can continue to be the preferred business of his customers.

Translated from Spanish by A. Shah, Kiva Volunteer.

El señor Marcos V. es del Barrio Navidad-Guayaybi, tiene 29 años de edad, esta casado con la señora Teodora Martínez de 27 años de edad y aún no tienen hijos.

Marcos es propietario de una despensa y carnicería con local propio hace ya 2 años. Su señora la ayuda con la atención del negocio, tienen buen stock de mercaderías y es el negocio más conocido de la zona, la gente del barrio los aprecia bastante por ser buena gente, trabajadora y amable.

Marcos desea más adelante poder comprar un vehículo para poder realizar trabajos de repartos de mercaderías a domicilio a sus clientes que se encuentran más alejados, y así poder aumentar sus ingresos y la clientela.

Hoy día el tiene pensado solicitar un crédito con el que surtirá de mayor cantidad de mercaderías ya que para obtener mayores ingresos debe surtir más la variedad de productos que vende para seguir siendo el negocio preferido por sus clientes.

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
  • 134
    View loans »
    Paraguay Loans Fundraising
  • $31,646,450
    Funds lent in using Kiva
  • 3,887.0
    Paraguay Guarani (PYG) = $1 USD

Success!! The loan was 100% repaid

A loan of $1,200 helped Marcos to buy meat, dairy products, products for cleaning and for the home, vegetables, fruits, canned goods, soft drinks, etc.
100% repaid
Repayment Term
13 months (Additional Information)
Repayment Schedule
Aug 18, 2008
Jul 28, 2008
Currency Exchange Loss:
Aug 20, 2009