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Young Hugo is 22, single, and lives with his grandfather in the city of Carapeguá, in a small society. Since he was very young, he started going out to sell the quilts that are produced in the area. He carries craft products to the cities of Fernando de la Mora and Posadas, Argentina to sell them.

For transportation he has a car that, thanks to this job, he was able to buy and which also allows him to offer his grandfather the help he needs, since he provides his livelihood. Hugo is a very hard-working person, and he wishes to continue working to be able to grow.

He is requesting the loan for the purchase of hammocks, blankets and sheets since he has many orders for these products and he wants to be able to continue meeting his clientele's needs, and that way grow and continue working.
View original language description ↓
El Joven Hugo tiene 22 años, es soltero y vive con su abuelo en la ciudad de Carapeguá, en una pequeña compañía. Desde muy joven comenzó a salir a vender las colchas que se producen en la zona, lleva productos artesanales a venderlos por las ciudades de Fernando de la Mora y Posadas - Argentina, y tiene como móvil un automóvil que gracias a este trabajo logró comprarse y también brindarle a su abuelo la ayuda que necesita, ya que él es su sustento. Hugo es una persona muy trabajadora, y que desea seguir trabajando para poder crecer.
Solicita el préstamo para la compra de hamacas, frazadas y sábanas puesto que tiene muchos pedidos de estos productos y quiere poder seguir cumpliendo con su clientela, y así crecer y seguir trabajando.

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
  • 36
    View loans »
    Paraguay Loans Fundraising
  • $37,305,300
    Funds lent in using Kiva
  • 4,114.4
    Paraguay Guarani (PYG) = $1 USD

Success!! The loan was 100% repaid

A loan of $1,325 helped Hugo to buy hammocks, blankets and sheets.
100% repaid
Repayment Term
15 months (Additional Information)
Repayment Schedule
Jan 14, 2013
Feb 14, 2013
Currency Exchange Loss:
Mar 17, 2014