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Patrocinio E. is a 43 year old father of three school age children. He is married to his wife Zulma and together they own a small convenience store. Zulma runs the store while Patrocinio is working at a public institution close by.

Patrocinio"s hope is that they will be able to increase the business in their store and that the savings between he and his wife will be enough to send his children to the university. With this loan, Patrocinio will purchase popular items that are in constant demand in 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
  • $37,947,775
    Funds lent in using Kiva
  • 4,681.2
    Paraguay Guarani (PYG) = $1 USD

Success!! The loan was 100% repaid

A loan of $650 helped Patrocinio to buy food goods for his convenience store including oil, milk, cookies, soda and sugar.
100% repaid
Repayment Term
16 months (Additional Information)
Repayment Schedule
Mar 4, 2008
Feb 17, 2008
Currency Exchange Loss:
Jun 15, 2009