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Antonio has been working with Fundación Paraguaya since 1996. He is a very hard-working and responsible person. He used to make his loan repayments weekly which is why he has a number of loans from us.

Thanks to his good management, he has obtained good profits which have helped him to expand his commercial premises and his house.

He plans to use this loan to buy some work items and the balance will be used to buy materials to supply end-of-year needs such as cider, beer, wine, dairy products, etc.

His wish for the future is to work on a bigger scale and to set up a patisserie in a more central location with more traffic.
View original language description ↓
El Sr. Antonio trabaja con Fundación Paraguaya desde el año 1996, el es una persona muy trabajadora y responsable, anteriormente pagaba su cuota en forma semanal por esa razón tiene con nosotros varios créditos.
Gracias a su buena administración obtuvo buenas ganancias que le ayudaron a ampliar su local comercial y su vivienda.
Con este crédito piensan comprar algunos elementos de trabajos y el saldo usara para materia prima especialmente para abastecer las necesidades de fin de año, como siras, cervezas, vinos, lácteos y otros.
Su deseo más adelante es el de trabajar a mayor escala y poner una Confitería en un lugar más céntrico y de mayor tránsito.

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
  • 53
    View loans »
    Paraguay Loans Fundraising
  • $37,305,275
    Funds lent in using Kiva
  • 4,870.0
    Paraguay Guarani (PYG) = $1 USD

Success!! The loan was 100% repaid

A loan of $1,125 helped Antonio to buy merchandise: beer, soda, wine, dairy products and cider. Products which sell well over the end-of-year season.
100% repaid
Repayment Term
12 months (Additional Information)
Repayment Schedule
Oct 13, 2010
Nov 10, 2010
Currency Exchange Loss:
Sep 15, 2011