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Fermín, 34, has been married to Carolina for ten years. They have three children and live in the city of Coronel Oviedo. For 12 years, Fermín has been running a motorcycle workshop where he worked for a long time with the previous owner who sold him the shop which has been in business now for 20 years with a structured customer base.

He is a very hard worker who is getting ahead through much effort. Fermín is requesting a loan to buy tools for his workshop so he can continue his business.
View original language description ↓
El Sr. Fermín tiene 34 años, está casado con la sra. Carolina hace 10 años, tienen 3 hijos juntos y viven en la ciudad de Coronel Oviedo.
El Sr. Fermín tiene un taller mecánico de Motos hace 12 años, trabajo mucho tiempo con el antiguo dueño del taller, quien luego le vendió toda la infraestructura del taller quedando en el mismo lugar de más de 20 años, ya con clientela formada.
Él es una persona muy trabajadora que con mucho esfuerzo está saliendo adelante, el pide este préstamo para poder invertirlo en la compra de herramientas para su taller, y de esa forma poder seguir trabajando como lo viene haciendo

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

  • $8,400
    Average annual income
  • 54
    View loans »
    Paraguay Loans Fundraising
  • $33,531,000
    Funds lent in using Kiva
  • 4,643.0
    Paraguay Guarani (PYG) = $1 USD

Success!! The loan was 100% repaid

A loan of $1,200 helped Fermín to buy tools for his motorcycle workshop.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Dec 20, 2013
Feb 24, 2014
Currency Exchange Loss:
Jan 17, 2015