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Jorge is 21 years old and is studying for a degree in Biochemistry. He began his studies two years ago and says that it is a very difficult field. He is supported by his parents, who own their own bakery. With a lot of hard work, they are able to cover some of the costs of his schooling, including registration fees and books and other materials.

Jorge says his parents are very hard-working and have always fought to give him the best of everything. They have always sacrificed in order to provide for him as best they could. Although he has very little free time, Jorge helps out at their small family-run business, delivering products. He is asking for a loan in order to pay his university fees and in this way lighten his parents' burden.
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Jorge tiene 21 años de edad, está cursando la carrera de Bioquímica. Empezó la carrera hace dos años, y comenta que no es una carrera muy fácil, que tiene sus complicaciones. El cuenta con la ayuda de sus padres quienes cuentan con panadería propia, con mucho esfuerzo están logrando cubrir los gastos de su facultad como matricula, materiales didácticos y otros.
El define a sus padres como personas muy trabajadoras que luchan por darle siempre lo mejor. El trabajo de ellos siempre fue muy sacrificado. Jorge a pesar del poco tiempo que tiene igual ayuda en la pequeña micro industria familiar, realizando reparto de los productos.
El solicita el crédito para costear las cuotas de la universidad y de esa forma aligerar un poco a sus padres.

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
  • 81
    View loans »
    Paraguay Loans Fundraising
  • $35,137,850
    Funds lent in using Kiva
  • 3,950.0
    Paraguay Guarani (PYG) = $1 USD

Success!! The loan was 100% repaid

A loan of $875 helped Jorge to pay his university fees.
100% repaid
Repayment Term
17 months (Additional Information)
Repayment Schedule
May 30, 2011
Jul 15, 2011
Currency Exchange Loss:
Sep 15, 2012