A loan of $1,200 helped purchase of milk, cheese, bread, meat, rice, sugar, and others.


Miguel's story

Miguel A. is 43-year-old man married to Modesta Narváez. The couple has two young sons.
He owns a despensa (grocery store) located in their house. In rural areas in Paraguay, the despensas could be considered as a meeting point, where people not only buy products but also gather and gossip. That is why is despensas are a very profitable business in those areas.


Miguel always tries to offer a wide variety and quantity of products for a lower price.
After a lot of effort he bought a car, which allowed him to start a delivery service. He dreams of having an autoservice store and competing with the big supermarkets.


The money provided by the credit will be used for the purchase of meat, bread, milk, cheese, and other items.



Loan details


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Loan details