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Ruben
Ruben has been married to Fermina for several years and they have three young children who are still in elementary school. Together they set up a grocery store in their home which they started with a little bit of capital they had earned previously as salaried workers. Thanks to the work they are doing, they are able to educate their children and are getting ahead. In addition to working in the store, Ruben provides alternative transportation in the city center.

Ruben is asking for this loan so he can invest it in supplies for his store such as vegetables, groceries, drinks, and other things so that he can continue to work. He appreciates this opportunity to continue working.
View original language description ↓
El Sr. Ruben está casado con la Sra. Fermina hace varios años, tienen 3 hijos menores que aun están en la escuela primaria, ellos juntos montaron una despensa en su casa, se iniciaron con un pequeño capital que consiguieron con otros trabajos que han realizado anteriormente como asalariados.
Gracias al trabajo que están realizando educan a sus hijos y están saliendo adelante. El Sr. Ruben además de la despensa trabaja como transporte alternativo en el centro de la ciudad.
Solicita de este crédito para poder invertirlo en la compra de insumos para su despensa, como ser verduras, comestibles, bebidas, y demás y con ello seguir trabajando. Agradece por esta oportunidad que esta recibiendo de seguir trabajando.

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
  • 97
    View loans »
    Paraguay Loans Fundraising
  • $31,568,700
    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 Ruben to buy vegetables, groceries, drinks, and other items.
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:
Oct 17, 2014