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Ernesto
Ernesto is married to Señora Julia. They have two young children who are in elementary school. Their two children are the reason this couple struggles, because they want to be able to give them everything they need to have a respectable life.

They have a small sewing shop where they sew company uniforms and various types of clothing to sell. Ernesto works together with his wife and says that he began this business with money that he gathered from other, previous jobs.

He asks for this loan to be able to invest it in the wholesale purchase of cloth, because in this way he will be able to have an earnings margin so he can keep working and struggling for his children.
View original language description ↓
Ernesto está casado con la Sra. Julia tienen 2 hijos menores que están en la primaria, sus dos hijos son el motivo de lucha de esta pareja, ya que quieren poder darles todo lo que necesitan para tener una vida digna.
Ellos tienen un pequeño local de costura donde confeccionan uniformes para empresas y varios tipos de ropa para la venta. Ernesto trabaja conjuntamente con su esposa, y comenta que se inició en la actividad con un dinero que junto de otros trabajos anteriores.
Pide este préstamo para poder invertirlo en la compra de telas al por mayor, ya que así podrá tener un margen de ganancia para poder seguir trabajando y luchando por sus hijos.

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.

Tags

About Paraguay

  • $4,555
    Average annual income
  • 57
    View loans »
    Paraguay Loans Fundraising
  • $28,869,750
    Funds lent in using Kiva
  • 4,437.0
    Paraguay Guarani (PYG) = $1 USD

Success!! The loan was 100% repaid

A loan of $1,025 helped Ernesto to buy cloth for sewing in bulk.
100% repaid
Repayment Term
15 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Sep 30, 2013
Listed
Nov 3, 2013
Currency Exchange Loss:
Possible
Ended:
Sep 17, 2014