Mr. I. is 53 years old and is married with two children. His older son, who is 25 years old, helps him with his business, Despensa Don Lino. He has had this small market and meat shop for more than 22 years. Mr. I. says that like all businesses, his sales have their high and low points, and that these days the country’s overall situation is affecting the meat business. As beef, milk, and wheat products go up in price, there is a loss of sales in markets like the one owned by Mr. I..
Mr. I. says that one of his hopes is for an improvement in the country’s quality of life, as the current lack of opportunities for young people causes them to look for work in other countries, something that has consequences on many families.
He says that his business allowed him to build his own house, support his family, and help his son go to university. With a loan from Fundación Paraguaya, he plans to buy products and stock his store with the staples that he sells daily, such as milk, beef, beer, sodas, wine, and noodles, among others.
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.