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Francisco
Francisco, 50, is married and lives with his wife and three children, for whom he and his wife have fought to move forward so they are lacking nothing.

He says that from a young age, he traveled abroad for better opportunities. From this experience, he learned how to work as a blacksmith. He was able to save up his money and he returned to his home country where he opened his own business. Today, he works with established customers in his own shop.

He is requesting this loan to invest in buying a compressor, which will allow him to keep working and fighting to improve his business and keep helping his family.
View original language description ↓
El señor Francisco tiene 50 años, es casado vive con su señora y tiene 3 hijos, por quienes esta pareja ha luchado para sacarlos adelante y que no les falte nada.
Comenta que desde muy joven viajó al exterior en busca de mejores oportunidades, allí aprendió el oficio de herrero, pudo juntar su dinero y volvió al país donde abrió su propia empresa, hoy en día cuenta con clientela formada, y su propia herrería.
El pide este préstamo para poder invertirlo en la compra de un compresor, que le permitirá seguir trabajando y luchando por mejorar su negocio y seguir ayudando a su familia.

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

  • $4,555
    Average annual income
  • 42
    View loans »
    Paraguay Loans Fundraising
  • $30,204,950
    Funds lent in using Kiva
  • 4,420.3
    Paraguay Guarani (PYG) = $1 USD
Paying Back - Currency Exchange Loss

This loan has been fully funded!

A loan of $1,275 helped Francisco to buy a compressor for his blacksmith trade.
83% repaid
Repayment Term
17 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Mar 17, 2014
Listed
Apr 27, 2014
Currency Exchange Loss:
Possible