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Don Miguel is 52 years old and has been married more than 15 years to Sra. De Las Nieve. They have two grown children who are independent.

Sr. Miguel is the son of a farmer, so all of his life has been spent growing cassava, corn, beans, and other agricultural products. He also spends time selling handicrafts since his wife is a weaver. Miguel is in charge of selling the quilts that she produces. He brings these handcrafted products to the cities of Areguá and Luque so that he can sell them. In addition, Miguel sells tobacco. Thanks to his work, he was able to provide a modest house for his family and add a variety of amenities to his home.

Miguel is requesting a loan so that he can buy bedspreads, hammocks, bed sheets, and other seasonal products that are frequently requested by his customers. This will help to supply him with more products to sell.

View original language description ↓
Don Miguel tiene 52 años de edad, está casado hace más de 15 años con la Sra. De Las Nieve, tienen 2 hijos mayores, que ya son independientes.
El señor Miguel es hijo de agricultor y toda la vida se dedicó al cultivo de mandioca, maíz, poroto y otros productos agrícolas, pero también se dedica a la venta de artesanía ya que su Sra. es tejedora y él se encarga de vender las colchas que ellos mismos producen. Lleva los productos artesanales a venderlos por las ciudades de Areguá, Luque. Aparte de eso también se dedica a la venta de tabacos. Gracias a este trabajo logró brindar una modesta casa a su familia y pudo hacerse de varias comodidades en su hogar.
Solicita el préstamo para la compra de sobrecamas, hamacas, sábanas y otros que en ésta temporada lo solicitan mucho sus clientes, y lo que le ayudará a tener mas productos para la venta.

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
  • 4,347.5
    Paraguay Guarani (PYG) = $1 USD

Success!! The loan was 100% repaid

A loan of $1,250 helped Miguel to buy bedspreads, hammocks, bed sheets, and other seasonal products.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
May 20, 2013
Jun 18, 2013
Currency Exchange Loss:
Dec 17, 2013