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Natividad

Update on Natividad

Natividad, with a lot of effort and sacrifice, is growing and getting ahead. He has fought very hard to improve and expand his business. He used his previous loan to buy wood for his business, and he was able to stock up and continue giving his customers everything that they need.

Natividad is applying for this loan to buy various materials for his carpentry work. With these materials he will be able to offer his customers better service. Natividad is grateful for this new opportunity, which will allow him to keep working.
View original language description ↓
Natividad es una persona que con mucho esfuerzo y sacrificio esta creciendo y saliendo adelante. Ha luchado mucho por mejorar e ir creciendo en su negocio. Su crédito anterior lo ha usado para poder comprar madera para su negocio y de esa forma poder surtirse y seguir dando a su clientela todo lo que necesitan.
Solicita de este crédito para poder comprar materiales diversos para su carpintería, y con ello poder ofrecer un mejor servicio a sus clientes. Ella agradece por esta nueva oportunidad que esta recibiendo, que le permitirá seguir trabajando.

Previous Loan Details

Natividad is from the city of Pilar. He is a very hard-working and entrepreneurial person who works every day starting early in the morning. He says that he has a carpentry shop in which he has worked for more than 8 years. He says that through his work he helps his family and gives them every... More from Natividad's previous loan »

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.

Concurrent and Successive Loans

Our Field Partners often work with borrowers over a series of loans as the borrowers build credit, take out bigger loans, and expand their businesses. In order to make it easier for our Field Partners to post loans for borrowers who have been listed on Kiva before, we allow them to post successive and concurrent loans for their Kiva borrowers. This means that our Field Partners are able to post a borrower's second, third, etc., loan on Kiva without having to re-enter all of the borrower's information.

This borrower has been listed on Kiva before, so you'll see an updated loan description, as well as excerpts of the original descriptions from earlier loans. Most borrowers take out loans consecutively, meaning that they receive a second loan after having repaid the first. However, sometimes our Field Partners give out concurrent loans, allowing borrowers to take out one primary loan and a secondary "add-on" loan along with it. These "add-on" loans are typically smaller than the borrower's primary loan and serve a different purpose. Because Field Partners can now post loans as successive and concurrent loans, you will be able to track borrower progress over time and see the various ways a borrower is working with our Field Partners through funds from Kiva’s lenders.

About Paraguay

  • $8,400
    Average annual income
  • 92
    View loans »
    Paraguay Loans Fundraising
  • $31,441,600
    Funds lent in using Kiva
  • 4,425.0
    Paraguay Guarani (PYG) = $1 USD

Success!! The loan was 100% repaid

A loan of $1,250 helped Natividad to buy various materials to use in carpentry work.
100% repaid
Repayment Term
15 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Aug 23, 2013
Listed
Sep 23, 2013
Currency Exchange Loss:
Covered
Ended:
Nov 17, 2014
This photo was used before for a previous loan for Natividad. It was first posted on Kiva on Jul, 2012. Learn More