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Maximino I. Ramírez, 48, is from Compañía de Costa Baez de Acahay in Paraguarí department. He has a kiosk there. He’s a very hard working person. He has been collaborating responsibly with Fundación Paraguaya since 2007.

The loan he requested recently is to expand his business with beverages, snacks, canned goods, baked goods and others because the summer season is approaching and sales increase during this time.

Maximino is near a natural stream that attracts a lot of people during this season so sales are good.
View original language description ↓
Maximino I., tiene 48 años es de la compañía de Costa Baez de Acahay de Ybycui, en la misma compañía tiene un negocio “Kiosco” es una persona muy trabajadora, responsable opera con la institución Fundación Paraguaya desde el año 2007.
El crédito solicitado recientemente es para ir ampliando su negocio con bebidas, golosinas, enlatados, panificados y otros, ya que se acerca la temporada veraniega y en esta época tiene mucha venta.
El Sr. Máximino se encuentra cerca de un arroyo natural donde en la época consigue mucha venta ya que mucha gente se acerca hasta ese lugar.

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
  • $38,032,600
    Funds lent in using Kiva
  • 4,660.0
    Paraguay Guarani (PYG) = $1 USD

Success!! The loan was 100% repaid

A loan of $400 helped Maximino to buy beverages, snacks, baked goods and others.
100% repaid
Repayment Term
9 months (Additional Information)
Repayment Schedule
Nov 24, 2010
Dec 23, 2010
Currency Exchange Loss:
May 15, 2011