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Modesto is 61 years old and married with three daughters who are grown up. As a father, he has fulfilled his duty, as his daughters are professionals and financially independent. Modesto works in transportation. He owns two buses in the Paraguarí bus company. His goal is to continue increasing the number of vehicles he owns and creating jobs in the region. Modesto has a desire to get ahead in life and is requesting this loan so that he can offer his passengers the best possible service.

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
  • 30
    View loans »
    Paraguay Loans Fundraising
  • $37,192,625
    Funds lent in using Kiva
  • 4,695.0
    Paraguay Guarani (PYG) = $1 USD

Success!! The loan was 100% repaid

A loan of $1,150 helped Modesto to purchase tires.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Feb 3, 2010
Feb 20, 2010
Currency Exchange Loss:
Mar 15, 2011