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Angel
Angel is an excellent client of the Fundacion. He has a store where he sells electrical supplies, and he offers his services as an electrician. He chose to obtain a loan from the Fundacion so that he could invest in supplies for his business, such as cables, bulbs, electrical supplies, and other items, because his business is growing. His plan is to increase the variety of items in his business so that he can better meet the needs of his customers. This way, whatever they are looking for, they will find in his store. He is also starting to sell home improvement accessories.

Angel is very pleased with the opportunity that he is receiving, because through this loan he will be improving his quality of life and that of his family.
View original language description ↓
El Señor Angel es un excelente cliente de la fundación, cuenta con una casa de venta de artículos de electricidad y ofrece sus servicios de electricista.
El opto por el crédito con la Fundación para invertir en la compra de insumos para su negocio, como ser cables, focos, artículos de electricidad y demás, ya que su local va en crecimiento, y su intención es ir aumentando la variedad de artículos para satisfacer en mayor medida las necesidades de sus clientes, de esta forma que todo lo que uno busque lo encuentre ahí, esta incorporando de a poco también accesorios para el mejoramiento de la vivienda.
El esta muy contento por la oportunidad que recibe, ya que por medio de esto esta mejorando su calidad de vida y la de su familia.

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
  • 94
    View loans »
    Paraguay Loans Fundraising
  • $30,964,825
    Funds lent in using Kiva
  • 4,452.1
    Paraguay Guarani (PYG) = $1 USD

Success!! The loan was 100% repaid

A loan of $1,250 helped Angel to buy cables, bulbs, electrical supplies, and other items.
100% repaid
Repayment Term
15 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jun 19, 2013
Listed
Jul 21, 2013
Currency Exchange Loss:
Covered
Ended:
Aug 17, 2014