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Update on Arnaldo

Arnaldo is putting in the effort in order to be a successful professional so that he one day he can help others through his work. He tells us that, thanks to his previous loan, he was able to pay for his classes and tuition fees, which helped him greatly.

Today Arnaldo is applying for this new loan in order to pay tuition fees and continue studying. He is grateful for this new opportunity to continue studying.
View original language description ↓
Arnaldo es una persona que se esta esforzando por ser un profesional exitoso, para que el día de mañana pueda ayudar a las demás personas por medio de su profesión. Comenta que gracias a su préstamo anterior pudo pagar sus clases y sus cuotas, lo que le ayudó mucho.
Hoy pide este nuevo préstamo para poder invertirlo en pagar sus cuotas, y de esa forma poder seguir estudiando. agradece por esta nueva oportunidad que esta recibiendo de poder seguir estudiando.

Previous Loan Details

Arnaldo’s a person who wants to become a good professional in future which is why he’s striving. He relates that his family has always supported him and he’s very grateful for that. He’s studying Agronomy and he relates that he wants to be able to help his family by means of his studies and rep... More from Arnaldo's previous loan »

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.

Concurrent and Successive Loans

Our Field Partners often work with borrowers over a series of loans as the borrowers build credit, take out bigger loans, and expand their businesses. In order to make it easier for our Field Partners to post loans for borrowers who have been listed on Kiva before, we allow them to post successive and concurrent loans for their Kiva borrowers. This means that our Field Partners are able to post a borrower's second, third, etc., loan on Kiva without having to re-enter all of the borrower's information.

This borrower has been listed on Kiva before, so you'll see an updated loan description, as well as excerpts of the original descriptions from earlier loans. Most borrowers take out loans consecutively, meaning that they receive a second loan after having repaid the first. However, sometimes our Field Partners give out concurrent loans, allowing borrowers to take out one primary loan and a secondary "add-on" loan along with it. These "add-on" loans are typically smaller than the borrower's primary loan and serve a different purpose. Because Field Partners can now post loans as successive and concurrent loans, you will be able to track borrower progress over time and see the various ways a borrower is working with our Field Partners through funds from Kiva’s lenders.

About Paraguay

  • $8,400
    Average annual income
  • 103
    View loans »
    Paraguay Loans Fundraising
  • $32,360,900
    Funds lent in using Kiva
  • 4,415.0
    Paraguay Guarani (PYG) = $1 USD

Success!! The loan was 100% repaid

A loan of $300 helped Arnaldo to pay university fees.
100% repaid
Repayment Term
12 months (Additional Information)
Repayment Schedule
May 16, 2014
Jun 24, 2014
Currency Exchange Loss:
Apr 17, 2015
This photo was used before for a previous loan for Arnaldo. It was first posted on Kiva on Jul, 2013. Learn More