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Ruben
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Ruben R. is 52 years old and is married to Clementia Miranda. They have three children. They have been living in the Empalado Ari neighborhood for 15 years and have their own home.
Ruben has been a merchant since 2003. He started off as an employee of a traveling merchant and with the help of a loan from this institution he was able to accomplish his most desired project which was to form his own business.
He is currently expanding his commercial space which is the reason he is requesting a new loan to complete the necessary capital. In the near future he wants to increase his stock in merchandise. He wishes that in his country there were better education and more sources of work. Translated from Spanish by Cindy M., Kiva Volunteer.


El Señor Rubén Ramírez tiene 52 años y esta casado con Clementina Miranda. Ambos son padres de tres hijos. Desde hace 15 años guardan residencia en el barrio Empalado Ari y cuentan con casa propia.
El cliente es comerciante desde el año 2003, comenzó como empleado de un vendedor ambulante y ayudado por un préstamo de esta institución pudo lograr su proyecto más anhelado, el de formar su propio negocio.
Actualmente está ampliando el salón comercial, razón por la cual solicitó nuevamente un préstamo para completar el capital necesario. En un futuro cercano desea incrementar en su stock de mercaderías artículos de mercería y ferretería.
Desea que en nuestro país haya mejor educación y mas fuentes de trabajo.

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

  • $4,555
    Average annual income
  • 61
    View loans »
    Paraguay Loans Fundraising
  • $29,494,200
    Funds lent in using Kiva
  • 3,995.0
    Paraguay Guarani (PYG) = $1 USD

Success!! The loan was 100% repaid

A loan of $900 helped Ruben expansion of commercial space.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Disbursed:
Oct 16, 2008
Listed
Oct 1, 2008
Currency Exchange Loss:
Covered
Ended:
Nov 15, 2009