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Lisandro

Update on Lisandro

Lisandro works hard in carpentry every day. Through his work he helps his mother who is a senior citizen. His goal is the able to grow his business and provide jobs for other people that want to get ahead.
This loan is to buy wood and, therefore, invest in his carpentry business to meet his customer's orders. He is thankful for the new opportunity he is getting.
View original language description ↓
Lisandro trabaja arduamente en su carpintería todos los días, y por medio de ese trabajo ayuda a su madre, que ya es una persona muy mayor. Su meta es poder ir creciendo en su negocio, ya que también pueda dar trabajo a las demás personas que al igual que el quieren salir adelante.
El pide este préstamo para poder comprar maderas, y de esa forma poder invertir en su carpintería para poder cumplir con los pedidos de sus clientes. Agradece por la nueva oportunidad que esta recibiendo.

Previous Loan Details

Lisandro is from the city of Santani. He is 27 years old and single. He has a carpentry shop in his house where he works every day from early in the morning until late in the day. Lisandro commented that his work helps his mother, who is very old, and also the rest of his family with daily e... More from Lisandro's previous loan »

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.

Concurrent and Successive Loans

Our Field Partners often work with borrowers over a series of loans as the borrowers build credit, take out bigger loans, and expand their businesses. In order to make it easier for our Field Partners to post loans for borrowers who have been listed on Kiva before, we allow them to post successive and concurrent loans for their Kiva borrowers. This means that our Field Partners are able to post a borrower's second, third, etc., loan on Kiva without having to re-enter all of the borrower's information.

This borrower has been listed on Kiva before, so you'll see an updated loan description, as well as excerpts of the original descriptions from earlier loans. Most borrowers take out loans consecutively, meaning that they receive a second loan after having repaid the first. However, sometimes our Field Partners give out concurrent loans, allowing borrowers to take out one primary loan and a secondary "add-on" loan along with it. These "add-on" loans are typically smaller than the borrower's primary loan and serve a different purpose. Because Field Partners can now post loans as successive and concurrent loans, you will be able to track borrower progress over time and see the various ways a borrower is working with our Field Partners through funds from Kiva’s lenders.

Tags

About Paraguay

  • $8,400
    Average annual income
  • 91
    View loans »
    Paraguay Loans Fundraising
  • $31,557,250
    Funds lent in using Kiva
  • 4,618.9
    Paraguay Guarani (PYG) = $1 USD

Success!! The loan was 100% repaid

A loan of $1,200 helped Lisandro to purchase wood for his carpentry business.
100% repaid
Repayment Term
15 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Dec 16, 2013
Listed
Feb 4, 2014
Currency Exchange Loss:
Possible
Ended:
Jan 17, 2015
This photo was used before for a previous loan for Lisandro. It was first posted on Kiva on Feb, 2012. Learn More