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Gustavo is 34 years old and lives in a house in the city of Paraguarí. He is married to Agustina, 37, who is an employee of Crisvil. They have two children, the eldest of whom is 14 years old and the younger, one year old.

Gustavo devotes himself to making dress pants and Bermuda shorts, which he subsequently distributes in various of our country's cities. He comments that, thanks to his dogged efforts, along with the excellent quality of the products he makes, he has successfully paved the way for himself and become known, which has allowed him to grow little by little in his business.

On this occasion Gustavo turned to the foundation and to Kiva to apply for a loan, which he will use for the purchase of a sewing machine in order to expand his workshop, and so to continue growing as a business owner.
View original language description ↓
Gustavo tiene 34 años, vive en casa de la ciudad de Paraguarí, está casado con la Sra. Agustina de 37 años que es empleada de Crisvil, tienen 2 hijo,s la mayor se llama de 14 años y el menor de 1 año.
Gustavo se dedica en la fabricación de pantalones de vestir y bermudas, y su posterior distribución en las diferentes ciudades de nuestro país. Comenta que gracias al arduo esfuerzo que pone, y sumado a la excelente calidad de los productos que hace, ha logrado abrirse camino y hacerse conocido, lo que le permitió ir creciendo de a poco con su negocio.
Esta vez Gustavo acude a la fundación y a kiva para solicitar un crédito, el cual utilizará para la compra de una máquina de coser para la ampliación de su taller de costura, y de esa forma poder seguir creciendo como empresario.

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
  • 50
    View loans »
    Paraguay Loans Fundraising
  • $38,032,600
    Funds lent in using Kiva
  • 4,500.0
    Paraguay Guarani (PYG) = $1 USD

Success!! The loan was 100% repaid

A loan of $1,225 helped Gustavo to purchase a sewing machine.
100% repaid
Repayment Term
15 months (Additional Information)
Repayment Schedule
Jan 23, 2012
Feb 19, 2012
Currency Exchange Loss:
Mar 15, 2013