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View original language description ↓
Mr. Humberto L. is a young man who hopes to work and get ahead. He opened his own business with money that he’d saved. Humberto sells cell phones, cell phone accessories, and SIM chips from a number of providers.

Thanks to good sales Humberto opened two more kiosks, employing two people to work at them. He mans the principal kiosk himself, which is located in front of a busy supermarket in his city and has high sales figures thanks to the foot traffic in the area.

Humberto lives with his sister. Their parents emigrated two years ago when the family's economic situation demanded that they search for better work opportunities. Humberto would like more than anything to have his parents return to the country, because he finds it very difficult to have the family separated. He hopes that his businesses can generate sufficient income to support the family so that his parents can return home.

Humberto is asking for a loan to purchase large quantities of merchandise, in order to obtain a discount. This should increase his earnings by enabling him to offer better prices than the competition.

Translated from Spanish by Sarah Bishop, Kiva Volunteer.

El señor Humberto L. es una persona joven con ganas de progresar y trabajar, el abrió su propio negocio con unos ahorros que tenía guardados, en el mismo se dedica a la venta de teléfonos celulares, chips con líneas de teléfonos de las distintas empresas distribuidoras de nuestro país al igual que accesorios varios para celulares.

Gracias a las buenas ventas y ganancias generadas él pudo abrir dos puestos mas de ventas dando empleo a dos personas que se encargan de la atención de dichos puestos. Su puesto principal, y en el que él atiende personalmente, se encuentra frente a un supermercado muy concurrido de la ciudad, lo que le genera buenas ventas gracias a la alta concurrencia de personas en el lugar.

Humberto vive con su hermana, sus padres emigraron hace un par de años a otro país en busca de mejores oportunidades laborales, ya que la situación económica lo demandaba. El deseo mas grande de su corazón es que sus padres puedan volver al país ya que la separación familiar es una situación muy difícil, él espera que sus negocios generen suficientes ingresos para lograr fortalecerse económicamente lo suficiente para que sus padres puedan volver.

El solicita hoy día un crédito con el que podrá adquirir una buena cantidad de mercaderías ya que al comprar en grandes cantidades sus proveedores lo ofrecen mejores descuentos, lo que ayuda a que sus ganancias sean buenas y sus precios de ventas puedan ser mejores que el de la competencia.

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
  • 45
    View loans »
    Paraguay Loans Fundraising
  • $37,911,075
    Funds lent in using Kiva
  • 4,150.0
    Paraguay Guarani (PYG) = $1 USD

Success!! The loan was 100% repaid

A loan of $975 helped Humberto purchase of cellular phone accessories.
100% repaid
Repayment Term
12 months (Additional Information)
Repayment Schedule
Jun 13, 2008
May 16, 2008
Currency Exchange Loss:
Apr 15, 2009