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Hugo is 28 years old and rents out plates and decorations. He’s been doing this since 2008 and runs the business out of his home. He says that his wife helps him and is always there for him. She is his biggest source of support and encouragement and she is very enterprising and hardworking.

He is asking for this loan to buy tables, chairs, and tablecloths, now that the end of the year is approaching, has many requests for rentals, and wants to be able to have enough to rent out. He wants to open another branch and provide work for others in the community.
View original language description ↓
El Sr. Hugo tiene 28 años, tiene un servicio de alquileres de vajillas y decoraciones, se dedica a este rubro desde el año 2008. Su negocio lo tiene en su casa, y comenta que recibe la ayuda de su esposa, quien siempre está allí para poder ayudarlo, ella es su mayor sostén y apoyo. Es una pareja muy trabajadora y emprendedora.
Solicita de este crédito para la compra de mesas, silla, manteles ya que es a fin de año tienen varios pedidos de alquileres y quiere poder tener bastantes de sus utensilios para poder alquilar. El sueña con abrir otro local y dar trabajo a la gente de su comunidad.

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
  • 76
    View loans »
    Paraguay Loans Fundraising
  • $35,070,400
    Funds lent in using Kiva
  • 4,313.9
    Paraguay Guarani (PYG) = $1 USD

Success!! The loan was 100% repaid

A loan of $1,275 helped Hugo to buy tables, chairs, and utensils.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Nov 14, 2012
Dec 14, 2012
Currency Exchange Loss:
Sep 22, 2013