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Herculano lives in his own house with his wife and children. Thanks to help from the Fundación he was able to open his own general store to reach the largest number of people possible and earn monthly income sufficient to cover household expenses. He’s a very hardworking person who puts all his effort and dedication into his struggle to get ahead.

The reason for this loan is to buy larger amounts of merchandise like cleaning supplies, personal hygiene products and non-perishable food items to continue meeting customer demand and generating still more personal income.
View original language description ↓
El Señor Herculano vive en su propia casa con su esposa e hijos, gracias a la ayuda de la Fundación pudo abrir su propia despensa con mercaderías variadas para poder llegar a la mayor cantidad de gente posible teniendo así un ingreso mensual capaz de ayudar a cubrir los gastos del hogar.
Es una persona trabajadora, que se empeña y pone todo su esfuerzo por salir adelante.
El motivo del préstamo sería para poder comprar la mayor cantidad de mercaderías como productos de limpieza, de aseo personal, alimentos no perecederos y seguir satisfaciendo así las necesidades de su clientela y generan aún mas ingresos propios.

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
  • 4,427.0
    Paraguay Guarani (PYG) = $1 USD
A loan of $1,250 helped Herculano to buy merchandise like personal hygiene products, cleaning supplies, food, etc.
Repayment Term
15 months (Additional Information)
Repayment Schedule
Jul 18, 2012
Aug 27, 2012
Currency Exchange Loss:
Sep 26, 2012