Funded

Total loan: $1,200
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Miguel


A loan of $1,200 helped to buy flour, sweeteners, grapes, food coloring, oil, etc.


Miguel's story

Miguel A. is 27 years old. He is married to Liliana Urunaga, who is also 27 years old. They do not have children yet, since they recently got married. Miguel has dedicated himself to the bakery business since 2007. He studied and specialized in making baked goods. He opened his own bakery with the capital he accumulated working as an employee for another person. His bakery is strategically located, so many clients come to his shop. Miguel will use this loan to buy supplies for his bakery (flour, sweeteners, grapes, food coloring, oil, etc.).

Translated from Spanish by Kiva volunteer Anne Rodriguez



Loan details

Loan length:

14 months
Disbursed date: January 21, 2011
Facilitated by Field Partner: Fundación Paraguaya

Lenders and lending teams



Loan details

Loan length:

14 months
Disbursed date: January 21, 2011
Facilitated by Field Partner: Fundación Paraguaya