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Armando
Señor Armando is 35 years old. He is a businessman. His wife, Señora Raquel, is 34 years old and is a teacher. Their marriage has two children, and they are the major motivation for the efforts of this couple.

Armando relates that he began making sales in the market for auto spare parts for the Japanese and Korean lines with his brother-in-law more than 10 years ago. He also comments that his wife always helps him, and that in this way they have been able to improve their living conditions and those of their family.

The loan that he is requesting is to be able to buy ball-and-socket joints, shock absorbers, brake pads, lubricants, and other spare parts to sell. He also appreciates the opportunity that he is receiving to continue growing.
View original language description ↓
El señor Armando tiene 35 años, es comerciante, su esposa es la señora Raquel de 34 años quien es docente, el matrimonio tiene 2 hijos, donde ellos son el mayor motivo de lucha de esta pareja.
Armando cuenta que se inicio en el mercado de ventas de repuestos de vehículos de la líneas japonesas y Coreanas con su concuñado ya hace más de 10 años, también comenta que su esposa siempre lo ayuda, y que de esa forma han podido mejorar sus condiciones de vida y la de su familia.
El préstamo que pide es para poder comprar rotulas, amortiguadores, pastillas de frenos y lubricantes, y demás productos para la venta. También agradece por la oportunidad que está recibiendo de seguir creciendo.

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
  • 93
    View loans »
    Paraguay Loans Fundraising
  • $30,930,425
    Funds lent in using Kiva
  • 4,424.8
    Paraguay Guarani (PYG) = $1 USD
Ended with Loss - Currency Exchange Loss learn more
A loan of $1,500 helped Armando to buy ball-and-socket joints, shock absorbers, brake pads, lubricants, and other spare parts to sell.
99% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Mar 14, 2014
Listed
Apr 29, 2014
Currency Exchange Loss:
Possible
Ended:
May 17, 2015