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Sr. Faustino is 38 years old and lives with his sister. At a very young age, he began working as a taxi cleaner and later as a driver. Thanks to his efforts, he was able to purchase a vehicle to use for his work.

He needs this loan to buy hubcaps and also pay for repairs since his vehicle is experiencing a few malfunctions. By correcting these problems, he hopes to provide better service to his customers. Faustino plans to buy another vehicle so that he can generate more income for his family.

View original language description ↓
El Sr. Faustino tiene 38 años y vive con su hermana.
El desde muy joven empezó a trabajar como limpiador de paradas de taxi y luego como chofer, gracias a su esfuerzo logró comprar un vehículo y trabajar en él.
Él necesita de este crédito para la compra de cubiertas y también para realizar algunos arreglos que le faltan al vehículo para que de esta manera pueda brindar un mejor servicio a sus clientes.
Faustino anhela comprar otro vehículo y así obtener mejor ingreso para su familia.

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
  • 49
    View loans »
    Paraguay Loans Fundraising
  • $38,025,450
    Funds lent in using Kiva
  • 4,590.0
    Paraguay Guarani (PYG) = $1 USD

Success!! The loan was 100% repaid

A loan of $1,200 helped Faustino purchase new hubcaps & pay for vehicle repairs.
100% repaid
Repayment Term
15 months (Additional Information)
Repayment Schedule
Jan 21, 2011
Feb 14, 2011
Currency Exchange Loss:
Mar 15, 2012