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Mr. Abelino has been married to his wife for several years. They have 4 older children. Together, they've created a general store business in their home, which is located in a very good place in their neighborhood.

At first, they started with little investment capital, that he had saved up working in different places in the past. Besides his business he has a cassava plantation which also generates income. Thanks to their labor, they were able to build a bigger, more comfortable shop. This helped them increase the sales in their business.

Mr. Abelino has demonstrated to be a very responsible, honest person who keeps all his payments up to date.

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
  • 47
    View loans »
    Paraguay Loans Fundraising
  • $38,032,600
    Funds lent in using Kiva
  • 4,540.0
    Paraguay Guarani (PYG) = $1 USD

Success!! The loan was 100% repaid

A loan of $525 helped Abelino the buying of merchandise.
100% repaid
Repayment Term
13 months (Additional Information)
Repayment Schedule
Jan 27, 2011
Feb 13, 2011
Currency Exchange Loss:
Jan 15, 2012