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Mr. Amancio V. is 38 years old and is single, he like all his family is from a city in the interior of the country. Until approximately 10 years ago, he dedicated himself to a small farm, in a moment where the money he was earning was not keeping up, he decided to seek out other options and he came to the central area of the city where he dedicated himself to the selling things in a traveling way, like all his brothers. Nowadays thanks to the loans that the Foundation has granted him he already has his own vehicle that is his principal tool for work and two times a week he travels to Chaco Paraguayo to sell his merchandise. The credit that he is requesting he will invest in the purchase of various foods like potatoes, tapioca, tomatoes, pumpkin, noodles, milk, juices, etc. In the future he wants to buy a vehicle with more capacity for cargo.

Translated from Spanish by Fallon Shields, Kiva Volunteer.

El señor Amancio V. tiene 38 años y es soltero, él como toda su familia es de una ciudad del interior del país. Hasta aproximadamente 10 años se dedicaban a la chacra, en un momento dado como el dinero que ganaban no les alcanzaba decidió buscar nuevos horizontes y vino hacia el departamento central donde se dedicó a la venta ambulante, como todos sus hermanos.

Hoy día gracias a los créditos que la Fundación le ha otorgado ya tiene su propio vehículo que es su principal herramienta de trabajo y dos veces por semana viaja al Chaco Paraguayo para vender su mercadería.

El crédito que esta solicitando lo invertirá en la compra de comestibles varios como papas, mandioca, tomate, zapallo, fideos, cañas, leche, jugos etc. En el futuro el desea comprarse un vehículo con más capacidad de carga.

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
  • 99
    View loans »
    Paraguay Loans Fundraising
  • $32,360,775
    Funds lent in using Kiva
  • 3,945.0
    Paraguay Guarani (PYG) = $1 USD

Success!! The loan was 100% repaid

A loan of $1,200 helped Amancio to purchase food like potatoes, tapioca, tomatoes, pumpkin, noodles, milk, juices, etc.
100% repaid
Repayment Term
13 months (Additional Information)
Repayment Schedule
Sep 13, 2008
Aug 18, 2008
Currency Exchange Loss:
Sep 15, 2009