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Tiburcio
Tiburcio is 56 years old and is separated (he has not procured his divorce). He has five children none of whom depend on him economically as they all work and pay for their expenses. Tiburcio is very active and dedicates himself to painting and making banners or metal signs. He is requesting this loan to purchase shoes wholesale to that he can sell them in the neighborhoods of C.D.E. He wants to start a business in commerce because he has extra time as his profession only provides work half-time because there is not much demand. Selling shoes will allow him to generate the majority of his income as his other business has fallen much. Once his income increases he will start replacing his tools as they are very old and in some cases obsolete.
View original language description ↓
El señor Tiburcio tiene 56 años, es separado, aún no gestiono su divorcio, tiene 5 hijos, además, ningunos depende de él económicamente ya que todos trabajan y solventan sus gastos.
El cliente es muy activo, se dedica a la pintura y letras de propagandas ya sea en pancartas y letreros de metales. El crédito solicitado es para la compra de zapatillas al por mayor y su posterior comercialización en los barrios de C.D.E; el quiere iniciar una actividad en el comercio ya que tiene tiempos disponibles para dicha actividad, en su profesión solo trabaja a medio tiempo por motivos de que no hay mucho pedido de trabajo de ramo.
Las ventas de zapatillas le va a generar un ingreso que en este momento será la principal teniendo en cuenta que su otra actividad decayó mucho. En la medida en que vaya teniendo mejores ingresos pretende ir cambiando sus herramienta de la parte de propagando ya están muy viejas y en algunos casos obsoletos.

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
  • 93
    View loans »
    Paraguay Loans Fundraising
  • $30,945,950
    Funds lent in using Kiva
  • 4,045.6
    Paraguay Guarani (PYG) = $1 USD

Success!! The loan was 100% repaid

A loan of $500 helped Tiburcio purchase of shoes wholesale for resale.
100% repaid
Repayment Term
13 months (Additional Information)
Repayment Schedule
Monthly
Disbursed:
Nov 21, 2008
Listed
Nov 5, 2008
Currency Exchange Loss:
Covered
Ended:
Nov 15, 2009