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Julio is 24 years old, he is single and he attends school in the evenings at the University. He is currently taking his third year of his Accounting degree.

Julio started as a very young man as a vendor alongside his father. Later he purchased a motorcycle and started to work for his own accord 4 years ago.

Every day he starts his day at 4:00 a.m. to start making his rounds. He conducts his sales and collects his dues from house to house, travelling many kilometres every day.

He requires this credit for the purchase of merchandise given the grate demand that he sees for his products, including blankets, eiderdowns, blenders, bed sheets, towels, and meat grinders, among others.

Translated from Spanish by Erika Lindig, Kiva Volunteer.

Julio tiene 24 años de edad, es soltero estudia a la noche en la Facultad, esta cursando actualmente el tercer año de la carrera de Contabilidad.

Julio empezó desde muy joven a trabajar con su padre como vendedor, luego adquirió para su moto y empezó a trabajar por cuenta propia hace 4 años.

Todos los días se levanta a las 04:00 AM. para empezar sus recorridas, el vende y a la vez realiza las cobranzas casa por casa, recorriendo varios kilómetros diarios.

Necesita el crédito para la compra de mercaderías por la gran demanda que posee de sus productos como colchas, edredones, licuadoras, sábanas, toallas, molinadores de carne, entre otros.

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
  • 85
    View loans »
    Paraguay Loans Fundraising
  • $35,137,850
    Funds lent in using Kiva
  • 3,875.0
    Paraguay Guarani (PYG) = $1 USD

Success!! The loan was 100% repaid

A loan of $1,200 helped Julio to purchase merchandise: blankets, eiderdowns, and blenders.
100% repaid
Repayment Term
10 months (Additional Information)
Repayment Schedule
Aug 19, 2008
Jul 28, 2008
Currency Exchange Loss:
May 15, 2009