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Felipe is 65 years old, and lives in his own house with his family.

Felipe has a grocery store in his home which he runs himself. His store sells baked goods, soft drinks, cleaning products and foodstuffs.

Thanks to this business, he and his family have moved forward in life, and can support their household and pay for any unforeseen expense.

With the loan, he wishes to expand his business in order to satisfy the needs of his customers.
View original language description ↓
El señor Felipe tiene 65 años de edad y vive en su propia casa con su familia.
El señor Felipe tiene una despensa en su domicilio que es atendida por el mismo, en su despensa se venden panificados, refrescos, productos de limpieza y comestibles.Gracias a esta actividad, el y su familia han salido adelante, y puede mantener su hogar y solventar cualquier gasto imprevisto.
Con el crédito desea extender su negocio para satisfacer las necesidades de su clientela.

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
  • 4,427.0
    Paraguay Guarani (PYG) = $1 USD

Success!! The loan was 100% repaid

A loan of $775 helped Felipe to buy soft drinks, baked goods, cleaning products, etc.
100% repaid
Repayment Term
15 months (Additional Information)
Repayment Schedule
Jul 18, 2012
Aug 27, 2012
Currency Exchange Loss:
Sep 22, 2013