Update on FernandoIn spite of his young age, Fernando is very hard-working. He says that he has a veterinary/farm supply business, and he distributes soft drinks.
He started with a little stock of soft drinks. This gave him a good profit margin, and he set about distributing in the area. This way the path was opening up for him, and he now has very good clientele.
He used his previous Kiva loan to buy drinks, which helped him a lot. He is now requesting another loan. He wants to buy soft drinks, wine, and the rest in order to be able to continue growing.
Empezó con un pequeño stock de gaseosas, eso le dejó un buen margen de ganancias y se propuso distribuir por la zona, y de esa forma se fue abriendo camino y hoy en día ya tiene muy buena clientela.
El anterior crédito de Kiva lo utilizo para la compra de bebidas, lo cual le ayudo mucho. Hoy solicita de otro crédito y quiere invertirlo en la compra de gaseosas, vinos y demás, para poder seguir creciendo.
Previous Loan DetailsFernando is a long-standing client of Fundación Paraguaya. He is single and lives in his parents' home in the city of Carapeguá. His business is selling De la Costa sodas in the city of Quiindy. Fernando is a person who has a desire to make progress and get ahead in life. He always works ha... More from Fernando's previous loan »
About Fundación ParaguayaFundación 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.
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