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Ricardo Benítez A. is 38 years old. He is single and has one daughter. He lives in his parents' house and is a businessman.
He has owned a quarry in the town of Arrua'i since 2000. He extracts a large quantity of stone every day, supplying neighbouring areas and nearby cities. He is currently excavating around 130 loads of stone per week, for the various areas mentioned above.
Ricardo has regular customers who work exclusively with him.
He tells us that he is very grateful for the trust shown in him by granting him a loan, and that he will continue working daily to prove himself worthy of that trust. That way, he will be able to keep receiving loans in the future.
Ricardo requested the loan to pay his workforce and buy fuel, since the workload has increased to supply an order for many loads of stone, and he wants to meet his customers' requirements.
View original language description ↓
El Sr. Ricardo Benítez A., de 38 años de edad, soltero con una hija, vive en la casa de sus padres, es comerciante.
Posee una cantera en la compañía de Arrua´i desde el año 2000, donde explota una gran cantidad de piedra a diario, para proveer a las zonas vecinas y también a ciudades aledañas, actualmente está explotando como 130 cargas de piedras semanales, para las diferentes zonas ya mencionadas.
Posee una clientela bien formada que trabajan de forma exclusiva con el Sr. Ricardo.
Nos comenta que se encuentra muy agradecido por la confianza depositada en su persona con el préstamo otorgado y día a día seguirá trabajando para no defraudar la confianza puesta y de esa manera seguir retirando créditos futuros.
El Sr. Ricardo solicito el préstamo para el pago del personal y combustible ya que intensificaron el trabajo para abastecer un pedido de muchas cargas de piedras, y desea cumplir con sus clientes.

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
  • 74
    View loans »
    Paraguay Loans Fundraising
  • $37,907,775
    Funds lent in using Kiva
  • 4,775.0
    Paraguay Guarani (PYG) = $1 USD

Success!! The loan was 100% repaid

A loan of $1,125 helped Ricardo investment in quarry (to pay workforce and buy fuel).
100% repaid
Repayment Term
13 months (Additional Information)
Repayment Schedule
Aug 27, 2010
Sep 26, 2010
Currency Exchange Loss:
Aug 15, 2011