Update on CesarCesar, thanks to the previous loan from Kiva, was able to better equip his business with products of all types so he could give his customers a better variety. He is hard-working and says that his goal is to be able to continue growing his business and to earn more income.
He is requesting a new loan to invest it in the purchase of drinks, dairy products, vegetables, meats, and more. With these he will stock up his business and continue giving his customers the variety to which they are accustomed. He is grateful for the new opportunity that he is receiving, since it will be a great help to him.
Solicita nuevamente de este crédito para poder invertirlo en la compra de bebidas, lácteos, verduras, carnes y demás, con lo que podrá surtir su negocio y seguir dando a sus clientes la variedad a la que estan acostumbrados. Agradece por la nueva oportunidad que esta recibiendo, ya que le será de mucha ayuda.
Previous Loan DetailsCesar Raúl is from the city of Encarnación. He is married and lives with his wife in said city. He tells us that he dedicates himself to sales, and has a store in his home that his wife tends to. Apart from being a merchant, he is also a farmer and plants soy crops and other types of products.... More from Cesar's previous loan »
About Fundación ParaguayaFundación 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.
Concurrent and Successive Loans
Our Field Partners often work with borrowers over a series of loans as the borrowers build credit, take out bigger loans, and expand their businesses. In order to make it easier for our Field Partners to post loans for borrowers who have been listed on Kiva before, we allow them to post successive and concurrent loans for their Kiva borrowers. This means that our Field Partners are able to post a borrower's second, third, etc., loan on Kiva without having to re-enter all of the borrower's information.
This borrower has been listed on Kiva before, so you'll see an updated loan description, as well as excerpts of the original descriptions from earlier loans. Most borrowers take out loans consecutively, meaning that they receive a second loan after having repaid the first. However, sometimes our Field Partners give out concurrent loans, allowing borrowers to take out one primary loan and a secondary "add-on" loan along with it. These "add-on" loans are typically smaller than the borrower's primary loan and serve a different purpose. Because Field Partners can now post loans as successive and concurrent loans, you will be able to track borrower progress over time and see the various ways a borrower is working with our Field Partners through funds from Kiva’s lenders.
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Success!! The loan was 100% repaid