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Lucio Alcides O. is a thirty-nine-year-old single man who runs an advertising business that includes designs and printing. He has been working in this area for 10 years and he has earned a great reputation throughout the city.

With the loan, Lucio would like to buy a screen-printing machine. This will allow him to place his designs on T-shirts and sell clothing. The new line of business will expand his business and increase his profits.

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
  • 47
    View loans »
    Paraguay Loans Fundraising
  • $38,032,600
    Funds lent in using Kiva
  • 4,700.5
    Paraguay Guarani (PYG) = $1 USD

Success!! The loan was 100% repaid

A loan of $1,075 helped Lucio to buy printing materials and a screen printing machine.
100% repaid
Repayment Term
15 months (Additional Information)
Repayment Schedule
Mar 7, 2008
Feb 19, 2008
Currency Exchange Loss:
Apr 15, 2009