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Isabelino
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Mr. Isabelino Fereira is married, lives in his own house, and has grown children who help him in his business by waiting on customers. His business is in a very good location, being in a highly commercial district, and his notions store is one of the best-known companies in downtown Asunción.



Isabelino tells how he started his business with barely 3,000,000 Guaraní (about $700). The business grew quickly over the years to the point where he could rely on an expanded clientele, a result of his store’s location in a very busy shopping area that attracts tourists.



Among the items that Isabelino sells one can find glasses, sunglasses, bifocals and electronic articles such as calculators, flashlights, watches, and cd’s.



One of Isabelino’s aspirations is to expand his company soon, and in the future to open a business importing and distributing electronic equipment. Today he would like credit to buy a greater variety of goods in large quantities.

Translated from Spanish by Melissa Hays, Kiva volunteer.




El señor Isabelino F., es casado, viven en su propia casa, ya tiene hijos mayores de edad, quienes también le ayudan en su negocio en la atención de sus clientes. El negocio lo tiene muy bien ubicado, pues está en una zona altamente comercial y su mercería es uno de los comercios más conocidos del microcentro de Asunción.



Isabelino cuenta que inicio su comercio con apenas G. 3.000.000 ($ 700 aproximadamente), el cual fue ampliando con el correr de los años ya que rápidamente pudo contar con una amplia clientela, razón principal por la ubicación del negocio ya que es un lugar bastante concurrido inclusive por turistas.



Entre las mercaderías que Isabelino vende podemos encontrar lentes de sol, lentes para la vista, bifocales y artículos de electrónica como calculadoras, cd´s, linternas, relojes, entre otros.



Uno de sus aspiraciones es poder ampliar próximamente su negocio, y abrir en el futuro una empresa de importaciones y distribuidora de equipos de electrónica. Hoy el desea el crédito para comprar mercaderías en grandes cantidades y de mayor variedad.

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
  • 90
    View loans »
    Paraguay Loans Fundraising
  • $31,392,000
    Funds lent in using Kiva
  • 3,970.3
    Paraguay Guarani (PYG) = $1 USD

Success!! The loan was 100% repaid

A loan of $1,025 helped Isabelino purchase of glasses, sunglasses, calculators, cd’s, flashlights and watches.
100% repaid
Repayment Term
9 months (Additional Information)
Repayment Schedule
Monthly
Disbursed:
Sep 13, 2008
Listed
Aug 24, 2008
Currency Exchange Loss:
Covered
Ended:
Apr 15, 2009