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Mr. Celedonio V. lives in the city of Fernando de la Mora and is married to Mrs. Gregoria Genez, with whom he has several children who all live outside of the home. Celedonio works as a carpenter and makes furniture. He sells his furniture in the capital as well as in the interior of the country. He started working as a carpenter around 1991, and began saving a little bit of capital. As time went on and he got better at his work, Celedonio had to invest more and more in his business. Due to this need for support, he introduced himself to the Fundación Paraguaya and applied for credit. The credit he has now is for the purchase of merchandise and raw materials.

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
  • 77
    View loans »
    Paraguay Loans Fundraising
  • $35,099,950
    Funds lent in using Kiva
  • 5,030.0
    Paraguay Guarani (PYG) = $1 USD

Success!! The loan was 100% repaid

A loan of $1,200 helped Celedonio to purchase raw materials.
100% repaid
Repayment Term
13 months (Additional Information)
Repayment Schedule
May 18, 2009
Jun 16, 2009
Currency Exchange Loss:
May 15, 2010