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Julian
Julian M., 48 years of age, is married and has four children. His wife is Cerafina de M., and both are merchants who work together constantly. In 2001 Julian set up his store, which continues to this day, growing steadily. He also augments his income by the sale of yucca flour.

His loan request is to purchase, wholesale, additional merchandise for his store. His dream is to be able to provide a good education for his children, who need his assistance because education is expensive, and which requires both husband and wife to work. His wife helps him run the store, while he takes care of the sale of the yucca.
View original language description ↓
El señor Julián tiene 48 años de edad, es casado, tiene cuatro hijos. Su esposa es la señora Cerafina, ambos son comerciantes y se ayudan constantemente. El señor Julián monto una despensa en el año 2001 que hasta hoy sigue en marcha y en crecimiento, además de la despensa el tiene ingresos por ventas de mandioca.
El crédito solicitado es para compras de mercaderías para aumentar stock. Su máximo sueño es brindarles la mejor educación a los hijos, quienes necesitan de su apoyo, pues, la educación es cara y la única manera de solventar es dedicándose en dos rubros. Mientras el comercializa la mandioca su esposa se encarga de atender la despensa.

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
  • 55
    View loans »
    Paraguay Loans Fundraising
  • $28,140,525
    Funds lent in using Kiva
  • 4,981.0
    Paraguay Guarani (PYG) = $1 USD

Success!! The loan was 100% repaid

A loan of $825 helped Julian purchase of general store items - flour, soda, and other food items.
100% repaid
Repayment Term
12 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jan 26, 2009
Listed
Feb 24, 2009
Currency Exchange Loss:
Covered
Ended:
Dec 15, 2009