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Sixto
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Sixto P. is 43 years old. He is married to Nelida Jara and they have four children. One is in high school and three are in grade school in the city. The family lives in their own home.



Sixto has been working alongside his wife making “chipa” for more than 14 years. Thanks to their work they were able to purchase a small truck which they use to transport their products to soccer games in the area. On weekends, the entire family works together and gives their best to the work. “Chipa” is traditional Paraguayan food. It is similar to bread and is made with starch, eggs, milk, cheese and corn.



Sixto is requesting this loan to purchase prime materials at wholesale prices. This will allow him to generate greater income and thus be able to provide all of his children a better education and a better quality of life.

Translated from Spanish by Cindy M., Kiva Volunteer.



Sixto P. tiene 43 años de edad, está casado con la señora Nélida Jara, tienen 4 hijos, uno de ellos estudia en la secundaria y tres en la primaria de la ciudad. Viven en casa propia.


Sixto trabaja con su esposa en la elaboración de chipas hace más de 14 años, gracias a éste trabajo, pudieron adquirir una pequeña camioneta con la cual transportan su producción a los encuentros de fútbol de la zona, donde los fines de semana toda la familia trabaja dando lo mejor de si. La chipa es una comida típica del Paraguay muy consumida, la misma es parecida a un pan y está hecha a base de almidón, huevos, leche, queso y maíz.


Precisa del crédito para la compra de materia prima al por mayor, para que así pueda generar mayores ingresos y brindarle a todos sus hijos una mejor educación y un mejor nivel de vida.

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
  • 76
    View loans »
    Paraguay Loans Fundraising
  • $27,639,125
    Funds lent in using Kiva
  • 3,995.0
    Paraguay Guarani (PYG) = $1 USD

Success!! The loan was 100% repaid

A loan of $650 helped Sixto purchase of milk, cheese, eggs and start in large quantities.
100% repaid
Repayment Term
13 months (Additional Information)
Repayment Schedule
Monthly
Disbursed:
Sep 17, 2008
Listed
Sep 3, 2008
Currency Exchange Loss:
Covered
Ended:
Sep 15, 2009