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Pedro is 23 years old, single, and lives with his parents. He has a small carpentry business with his father. They make all kinds of furniture, including wardrobes, mesh cupboards to store dry meat, and shelves. Pedro has obtained a good amount of clients. In 2006, he had a large workload from the carpentry business, but his father was sick and Pedro could not work.

Pedro's dream is to make his carpentry business bigger and to have a shop to exhibit his furniture. He is using his loan to buy a motor to use in his business.

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
  • 52
    View loans »
    Paraguay Loans Fundraising
  • $37,961,500
    Funds lent in using Kiva
  • 4,871.6
    Paraguay Guarani (PYG) = $1 USD

Success!! The loan was 100% repaid

A loan of $625 helped Pedro to buy a motor for his carpentry business.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Sep 17, 2009
Oct 9, 2009
Currency Exchange Loss:
Oct 15, 2010