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Carlos R. is a married father of six. For twenty one years, Carlos has operated a motorcycle shop which adjoins his house. With a good location, and constant clientele, his business has become very well known in the area. His reputation is among the best not only in motorcycle repairs but boat engine repair as well.

His ultimate goal is to have a larger shop, bring in more clientele, and increase the profits of his business. With a family of eight to support, Carlos understands the necessity of bringing in more customers, and keeping his current customers happy. He is asking for a loan to purchase motor parts and other provisions for his shop.

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
  • 59
    View loans »
    Paraguay Loans Fundraising
  • $37,907,775
    Funds lent in using Kiva
  • 4,694.3
    Paraguay Guarani (PYG) = $1 USD

Success!! The loan was 100% repaid

A loan of $450 helped Carlos to buy spare parts for motorcycles.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Feb 14, 2008
Jan 31, 2008
Currency Exchange Loss:
Feb 21, 2009