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Artemio V. (38) is married to Norma (31). The couple lives in Luque with his two school aged daughters.

Artemio worked previously in construction. But one day, his friend offered him a job opportunity as a company’s driver and he accepted the proposal. He took advantage of this experience and later on, with the savings from that job, he bought a car. That is how Artemio became a taxi driver. Nowadays, he owns a space in a taxi stand. Artemio wants to buy many cars in order to have an entire taxi stand in his neighborhood in the future. His desire is to leave a small company to his daughters to given them a secure income.

Artemio plans to sell his old car and, with that money plus the money provided by the credit, he wants to buy a new car.

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
  • 52
    View loans »
    Paraguay Loans Fundraising
  • $37,911,075
    Funds lent in using Kiva
  • 4,075.0
    Paraguay Guarani (PYG) = $1 USD

Success!! The loan was 100% repaid

A loan of $1,200 helped Artemio purchase of a new car.
100% repaid
Repayment Term
13 months (Additional Information)
Repayment Schedule
Jun 22, 2008
May 19, 2008
Currency Exchange Loss:
Jun 15, 2009