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Mr. Francisco is from Ciudad del Este. He says that he owns a number of commercial establishments and rooms that he rents out, all located in strategic places in the city center. Francisco has two adult children, raised and educated by him. They are both professionals and thanks to their father’s hard work they have progressed and are today persons of good character that work and get ahead.

Francisco is requesting a loan to invest in his properties. He wants to enlarge them and make some improvements that will result in more comfort for the tenants. He appreciates the opportunity given by Kiva and Fundación Paraguaya.
View original language description ↓
El Sr Francisco es de ciudad de este, cuenta que es dueño de varios salones comerciales y cuartos que alquila, los que están ubicados en el centro de la ciudad, en lugares muy estratégicos.
Francisco tiene dos hijos mayores que fueron criados y educados por él, ambos ya son profesionales, y gracias al esfuerzo de su papa han salido adelante y hoy son personas de bien que trabajan y salen adelante.
Francisco pide este préstamo para poder invertirlo en sus salones para ampliarlos y restaurarlos para la comodidad de sus inquilinos. Agradece la oportunidad que está recibiendo de Kiva y de fundación paraguaya.

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
  • 28
    View loans »
    Paraguay Loans Fundraising
  • $33,435,850
    Funds lent in using Kiva
  • 4,074.5
    Paraguay Guarani (PYG) = $1 USD

Success!! The loan was 100% repaid

A loan of $1,350 helped Francisco to enlarge and improve the establishments he rents out.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Mar 14, 2013
Apr 13, 2013
Currency Exchange Loss:
Dec 17, 2013