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Mr. Ricardo is 57 years old, married and has two children. His wife and he struggle to provide their children with everything that they need.They didn’t have basic necessities when they were growing up. They don’t want their children to have the same experience.
Mr. Ricardo sells coal from his home. He was a taxi driver but he changed jobs. This has worked out well for him. He has regular customers, as he has been doing this job for a while.
He is asking for this loan in order to buy more coal. He sells this item and wants to have a sufficient supply. He is thankful for the opportunity that he and his family will receive.
View original language description ↓
El señor Ricardo tiene 57 años de edad, es casado, tiene 2 hijos por quienes el y su esposa se han esforzado, para poder darles todo lo que ellos no pudieron tener y asi evitar que tengan que pasar por necesidades.
El Sr. Ricardo se dedica a las ventas de carbón, tiene local propio en su casa. Cuenta que él era taxista, y después cambio de rubro, que hasta hoy le va muy bien, con clientela ya bien formada ya que hace ya un tiempo que se dedica a esto.
Solicita el crédito para invertirlo en la compra de carbón, ya que es el insumo que vende y quiere estar bien surtido. Agradece por la oportunidad que él y su familia están recibiendo.

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
  • 25
    View loans »
    Paraguay Loans Fundraising
  • $33,435,850
    Funds lent in using Kiva
  • 4,168.0
    Paraguay Guarani (PYG) = $1 USD

Success!! The loan was 100% repaid

A loan of $1,075 helped Ricardo to buy coal that he will sell.
100% repaid
Repayment Term
15 months (Additional Information)
Repayment Schedule
Apr 26, 2013
May 27, 2013
Currency Exchange Loss:
Jun 17, 2014