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Emilio
Emilio is 63 years old and married to Salvadora, aged 56. They have four children whereof two are married and have families of their own. The other two are studying at university and work together with their father in a water distribution business that they have been running for several years.

Emilio has been running this business since 1995, and he says that he was one of the pioneers in the neighborhood. He had 800 clients when he started working with this institution, and now he has 1,000 clients in different neighborhoods. Thanks to this job he has been able to help his family and give them everything they need. In addition, he has been able to help the people of his community by providing them with this vital fluid.

He is requesting a loan in order to maintain his distribution network and to replace damaged faucets so that he can continue providing his neighbors with water and helping his family.
View original language description ↓
El sr. Emilio tiene 63 años y está casado con la Sra. Salvadora de 56 años, ellos tienen 4 hijos, dos están casados y tienen sus respectivas familias, los otros dos están realizando sus estudios universitarios y trabajan con el padre en la Aguatería que tienen desde hace varios años.
El sr. Emilio tiene la Aguatería desde el año 1995, comenta que es uno de los pioneros de la zona, tenía 800 usuarios cuando empezó a trabajar con la Fundación, actualmente tiene 1000 usuarios en diferentes Barrios. Gracias a su trabajo ha ayudado a su familia, dándoles todo lo que necesitan, también por medio de su trabajo ayuda a su comunidad, proveyéndoles del líquido vital que es el agua.
El pide de este crédito para poder invertirlo en mantenimiento de la red de distribución y cambio de caños averiados, con los que podrá seguir dando agua a sus vecinos y también seguir ayudando a su familia.

Additional Information

More information about this loan

This loan will help fund a new product Fundación Paraguaya has launched called "Ikatu Agua" that will enable people in remote communities to dig wells, build pipelines and install water meters to expand access to clean drinking water. Loans like these are given to sanitation boards, which represent their entire communities. These groups contract builders and oversee construction of water distribution systems, while collecting repayments from impacted community members. These repayments are pooled and returned to Kiva to be credited to lenders.

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.

Tags

About Paraguay

  • $4,555
    Average annual income
  • 37
    View loans »
    Paraguay Loans Fundraising
  • $29,459,275
    Funds lent in using Kiva
  • 4,437.0
    Paraguay Guarani (PYG) = $1 USD

Success!! The loan was 100% repaid

A loan of $2,325 helped Emilio to maintain the distribution network and to replace damaged faucets.
100% repaid
Repayment Term
18 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Sep 24, 2013
Listed
Oct 27, 2013
Currency Exchange Loss:
Possible
Ended:
Feb 20, 2015