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Jose Maria is a young man, married with three boys. About 8 years ago he decided to open his own business, with very little help, but with much effort and sacrifices. His business has grown with attention to his clients and food products. His business is flourishing with the possibility of expanding even more. He already has his own house and his son is studying and helping with the micro-business.

He request the loan in addition to buy meat, eggs, cheese and drinks.

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
  • 92
    View loans »
    Paraguay Loans Fundraising
  • $31,557,250
    Funds lent in using Kiva
  • 3,875.0
    Paraguay Guarani (PYG) = $1 USD

Success!! The loan was 100% repaid

A loan of $1,050 helped José to buy hamburguer meat, cheese, eggs, and drinks like soda.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Sep 9, 2008
Jul 28, 2008
Currency Exchange Loss:
Oct 15, 2009