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Pascual Vicente R. is an entrepreneur who realized he had a brilliant opportunity for business in his city: there was not a single repair shop. He therefore had no doubt when he invested his money and formed his own repair shop. In addition to the store, Pascual is the owner of a body shop. He makes many sales in having these businesses together because the customers of one become customers of the other.

The income obtained from the workshop and from the spare parts shop allows Pascual Vicente R. and his family to have a decent living through the great effort they make day after day.

Translated from Spanish by Helen Smith, Kiva volunteer.

Pascual Vicente R. es un emprendedor que se dio cuenta de una brillante oportunidad de negocios en su ciudad: no había ninguna casa de repuestos. Entonces no dudo en invertir su dinero y así formo su propia casa de repuestos. Además de la tienda, Pascual es propietario de un taller mecánico. El quita muchas ventajas de estas empresas conjuntas debido a que los clientes se una de ellas se vuelven clientes de la otra.

El ingreso obtenido en el taller y en la casa de repuestos, hacen que Pascual Vicente R. y su familia tengan una digna, a través del gran esfuerzo que realizan día tras día

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
  • 37
    View loans »
    Paraguay Loans Fundraising
  • $37,305,300
    Funds lent in using Kiva
  • 4,020.0
    Paraguay Guarani (PYG) = $1 USD

Success!! The loan was 100% repaid

A loan of $1,200 helped Pascual purchase of spare parts for vehicles.
100% repaid
Repayment Term
12 months (Additional Information)
Repayment Schedule
Jul 20, 2008
Jun 12, 2008
Currency Exchange Loss:
Jun 15, 2009