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Jorge lives with his family and works at the family business buying and selling electrical appliances.

Jorge is studying business management and tells us that his future goals are to finish his degree and work in his chosen profession. He wants to do this in order to earn a higher income, to continue studying and to help his parents.

Jorge is applying for this loan in order to pay university fees and to buy books. He is grateful for this opportunity to continue studying and fighting for his goals.
View original language description ↓
Jorge vive con sus padres y trabaja en el negocio de la familia, ellos se dedican a la compra-venta de electrodomésticos.
Él está estudiando la carrera de administración de empresas, y comenta que sus metas futuras es la de recibirse, poder trabajar en lo que es su profesión, para obtener mejores ingresos y seguir estudiando y ayudar a sus padres.
Pide este préstamo para poder invertirlo en la compra de libros y también poder pagar las cuotas de su universidad. Ella Agradece por la oportunidad que está recibiendo de seguir estudiando como lo viene haciendo, y luchando por sus metas.

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
  • 98
    View loans »
    Paraguay Loans Fundraising
  • $32,366,075
    Funds lent in using Kiva
  • 4,435.0
    Paraguay Guarani (PYG) = $1 USD

Success!! The loan was 100% repaid

A loan of $1,175 helped Jorge to pay university fees and to buy books.
100% repaid
Repayment Term
15 months (Additional Information)
Repayment Schedule
Mar 13, 2014
Apr 24, 2014
Currency Exchange Loss:
May 17, 2015