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Luis
Luis is a very hard-working person. He has a snack bar. He also has rooms that he rents to live in. Luis is married, and his wife also works. They have a small, school age son for whom they are struggling to give a decent life.

Luis wants to continue working and struggling for his family and his loved ones. He is requesting this loan to buy construction materials. He will use them to be able to refurbish the place that he rents. This way he will continue struggling. He is grateful for this opportunity that he is receiving.
View original language description ↓
El Sr. Luis es una persona muy trabajadora, es dueño de un Copetín y además tiene piezas que alquila para vivienda. El Sr. Luis es casado, su esposa también trabaja, y tienen un hijo pequeño en edad escolar, por quien están luchando para poder darle una vida digna.
Luis quiere seguir trabajando y luchando por su familia y sus seres queridos. Pide este préstamo para la compra de materiales de construcción, con lo que podrá refaccionar su local que alquila, y de esa forma seguir luchando. Agradece por esta oportunidad que esta recibiendo.

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

  • $8,400
    Average annual income
  • 122
    View loans »
    Paraguay Loans Fundraising
  • $31,646,450
    Funds lent in using Kiva
  • 4,463.0
    Paraguay Guarani (PYG) = $1 USD

Success!! The loan was 100% repaid

A loan of $1,250 helped Luis to buy construction materials to refurbish the places that he rents.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Mar 14, 2014
Listed
Apr 21, 2014
Currency Exchange Loss:
Possible
Ended:
Mar 17, 2015