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Fulgencio
Fulgencio comes from Ciudad del Este. He's married and has two children who are already adults. He's a merchant and has owned a grocery store located in his home for over 20 years.
He reports that he has already built a very good clientele who always comes to his place of business in order to buy from him. He has good, fresh products at any given time and this is what pleases his customers the most. He also reports that thanks to his work he was able to raise his children and provide for them.
He requests this loan in order to purchase supplies for his business, such as milk, sugar, noodles, rice, meat, fresh vegetables and other items. That way he'll keep on providing his customers with the good merchandise that they're accustomed to.
View original language description ↓
El Sr. Fulgencio es de Ciudad del Este, está casado y tiene 2 hijos ya mayores. El es comerciante y tiene una despensa ubicada en su casa hace mas de 20 año.
Cuenta que ya tiene una muy buena clientela formada que siempre se acerca hasta su negocio para comprar de él. Esta con buenos productos frescos a todo momento y eso es lo que más agrada a su clientela. Comenta también que gracias a su trabajo es que pudo criar a sus hijos y darles lo que necesitan.
Solicita de este crédito para la compra de insumos para su negocio, como ser leche, azúcar, fideos, arroz, carne, verduras frescas y demás, y por medio de esto seguir dando a sus clientes buenos productos a los que están acostumbrados.

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
  • 18
    View loans »
    Paraguay Loans Fundraising
  • $29,405,000
    Funds lent in using Kiva
  • 4,186.8
    Paraguay Guarani (PYG) = $1 USD

Success!! The loan was 100% repaid

A loan of $1,325 helped Fulgencio to purchase milk, sugar, noodles, rice, meat, fresh vegetables and other items.
100% repaid
Repayment Term
15 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Apr 22, 2013
Listed
May 21, 2013
Currency Exchange Loss:
Covered
Ended:
Jun 17, 2014