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German
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German is 31 years old and married to Carolina Candia. They have 2 children who attend school. German used to sell newspapers, but his brother is a mechanic and taught German his new profession. Today he has his own small shop and regular customers. In the future, he would like to expand his shop, buy more tools and grow his customer base. He will use the loan to purchase lubricants, engine oil and other supplies.




El señor German tiene 31 años, está casado con la señora Carolina Candia de 31 años que es docente, poseen dos hijas que se encuentran estudiando en la escuela.


El señor Germán anteriormente se dedicaba a la venta de diarios, su hermano que es mecánico profesional lo llevó a trabajar con el enseñándole la profesión, actualmente posee un taller mecánico con local propio y con clientela formada. Para el futuro desea ampliar su taller comprando más herramientas ya que cuenta con muchos clientes.


El préstamo que solicitó será invertido en la compra de lubricantes, aceites para camiones etc.




Translated by Kiva volunteer, Emily Charnes

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

  • $4,555
    Average annual income
  • 14
    View loans »
    Paraguay Loans Fundraising
  • $29,355,475
    Funds lent in using Kiva
  • 3,945.0
    Paraguay Guarani (PYG) = $1 USD

Success!! The loan was 100% repaid

A loan of $650 helped German tO PURCHASE ENGINE OIL AND LUBRICANTS FOR HIS AUTO REPAIR BUSINESS.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Disbursed:
Sep 10, 2008
Listed
Aug 14, 2008
Currency Exchange Loss:
Covered
Ended:
Oct 15, 2009