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Sr. Hermenegildo Veron is 50 years old and married to Sra. Claudia Ramirez, who is 40. They have three children who are currently attending high school.

Hermenegildo worked for a private company for eleven years. After he retired, he used the savings he accumulated over the years to open a beauty salon that his wife operates. He also manages a vending post at the market where he sells sewing supplies. His main customers are visitors who come to the market. In the future, he would like to have his own location where he can open a store. He hopes to see his children complete their university education since he did not have the opportunity to finish his college degree.

The loan he is requesting will be used to buy sewing supplies such as thread, needles, elastic bands, buttons, and other items.

View original language description ↓
El Sr. Hermenegildo Veron de 50 años esta casado con la señora Claudia Ramirez de 40 años, poseen 3 hijos cursando el colegio actualmente.
El señor trabajo 11 años para una empresa privada y se jubilo con los años y con los ahorros que poseía mas la jubilación que cobro abrió una peluquería que administra su señora. Tambien posee una mercería en el mercado en donde el es encargado y administrador, sus mayores clientes son los visitantes del mercado.
En el futuro le gustaría abrir una tienda con local propio y que sus hijos concluyan la universidad ya que el no tuvo la oportunidad de terminar su carrera universitaria.

El préstamo fue invertido en la compra de artículos para mercería como son hilos, agujas, gomas, botones etc.

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
  • 49
    View loans »
    Paraguay Loans Fundraising
  • $38,025,450
    Funds lent in using Kiva
  • 4,695.0
    Paraguay Guarani (PYG) = $1 USD

Success!! The loan was 100% repaid

A loan of $925 helped Hermenegildo purchase thread, needles, elastic bands, buttons, and other items.
100% repaid
Repayment Term
15 months (Additional Information)
Repayment Schedule
Jan 27, 2010
Feb 16, 2010
Currency Exchange Loss:
Mar 15, 2011