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Mr. Federico, 62 is married to Mrs. Francisca. They have five children together, all of them independent adults with their own families.

Mr. Federico is a merchant. He has a well-stocked store with essential products, run by him and his wife. He also buys and sells coal. Every week, he buys in bulk and repacks in one-kilo bags. Federico’s wife also works hard and he says that she was part of a group composed of women until its eleventh cycle. She had to leave in order to be able to request larger amounts and extend her repayment periods. They have always been hardworking persons, struggling to get ahead and help their family.

This loan is to buy rice, sugar and other products in bulk, with which they will be able to continue offering their clients a wide variety of products.
View original language description ↓
El Sr. Federico tiene 62 años está casado con la Sra. Francisca, tienen 5 hijos todos mayores que ya formaron sus propias familias y ya no viven con ellos.
El Sr Federico se dedica al comercio y tiene una despensa bien surtida con productos de primera necesidad que es atendida junto con su esposa y también se dedica a la Compra- Venta de carbón, para lo cual compra por cantidad semanalmente y los empaqueta para vender por kilos.
Su esposa también trabaja arduamente y cuenta que fue integrante de un grupo de comité de mujeres donde participó hasta el ciclo 11, debiendo retirarse para poder solicitar mayores montos y alargar su plazo. Siempre fueron personas muy trabajadoras que lucharon por salir adelante y ayudar a su familia.
Solicitan de este crédito para la compra de arroz, azúcar, productos a granel, con los que podrá seguir ofreciendo una buena variedad a sus clientes.

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
  • 49
    View loans »
    Paraguay Loans Fundraising
  • $38,032,600
    Funds lent in using Kiva
  • 4,039.3
    Paraguay Guarani (PYG) = $1 USD

Success!! The loan was 100% repaid

A loan of $1,125 helped Federico to buy rice, sugar and other supplies in bulk.
100% repaid
Repayment Term
15 months (Additional Information)
Repayment Schedule
Feb 21, 2013
Mar 25, 2013
Currency Exchange Loss:
Apr 16, 2014