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Mr. Leoncio Álvarez is from the city of San Estanislao. He is 57 years old and devotes himself to making charcoal. He has two ovens where he produces 1000 kilograms (2205 lbs) of charcoal per week. He has a large customer base already built up, so he has a good income, thanks to his fair dealings with the customers as well as the high quality of his product.

He will invest this credit in the construction of another oven, since he has a lot of orders to fulfill, particularly for the upcoming Christmas and New Year holidays. He wishes everyone in the world who uses Kiva to invest in small businesses like his a Merry Christmas and a Happy New Year from his country.

View original language description ↓

El señor Leoncio Álvarez es de la ciudad de San Estanislao tiene 57 años de edad, se dedica a la producción de carbón vegetal, tiene 2 hornos donde produce 1000 kilos de carbón semanalmente. Ya posee una gran clientela formada y por ende tiene buenos ingresos, esto es gracias a los buenos tratos con los clientes, y también buena calidad de su producto.
Invertirá este crédito en la construcción de otro horno ya que tiene muchos pedido, para entregar especialmente en estas fechas de Navidad y Año Nuevo.
Desea a todas las personas del mundo que através de Kiva invierten en microempresarios como él, una Feliz Navidad y un Próspero Año Nuevo desde su país.

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
  • 61
    View loans »
    Paraguay Loans Fundraising
  • $33,479,050
    Funds lent in using Kiva
  • 4,979.0
    Paraguay Guarani (PYG) = $1 USD

Success!! The loan was 100% repaid

A loan of $825 helped Leoncio build another brick oven.
100% repaid
Repayment Term
13 months (Additional Information)
Repayment Schedule
Dec 2, 2008
Dec 24, 2008
Currency Exchange Loss:
Dec 15, 2009