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Valerio
Mr. Valerio Rolón is a businessman, 54 years old, and married to Tomasa Villalba who is 46 years old. They have 3 children. About 20 years ago, Valerio, with the help of his wife, decided to open a store in the city market. He actually has an significant clientele and great prices on his merchandise since he usually acquires them in bulk. Valerio proposes to use the loan to purchase vegetables, cooking oil, sodas, flour, sugar, etc. in large quantities and thus be able to help his children who attend university and need financial support to be able to pay for their costly university studies.
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El Sr. Valerio Rolón es comerciante, tiene 54 años, es casado, su señora se llama Tomasa Villalba quien tiene 46 años , tienen 3 hijos.

Valerio decidió abrir con la ayuda de su esposa una despensa hace más de 20 años en el mercado de la ciudad. Actualmente posee una cantidad importante de clientes y buenos precios en sus mercaderías ya que los suele adquirir al por mayor.

Valerio pretende utilizar el crédito para la compra de verduras, aceites, gaseosas, harina, azúcar, etc. en gran cantidad y así poder ayudar a sus hijos que van a la universidad y precisan del apoyo financiero para poder pagar los costosos estudios universitarios.

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
  • 63
    View loans »
    Paraguay Loans Fundraising
  • $29,035,975
    Funds lent in using Kiva
  • 4,939.6
    Paraguay Guarani (PYG) = $1 USD

Success!! The loan was 100% repaid

A loan of $1,025 helped Valerio purchase of vegetables, flour, breads, cooking oil, sodas, etc.
100% repaid
Repayment Term
7 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Dec 2, 2008
Listed
Dec 31, 2008
Currency Exchange Loss:
Covered
Ended:
Jun 15, 2009