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Update on Carlos

Carlos is a very hard worker. He is a street vendor and works in order to help his family. He says that he used his previous loan to purchase bedspreads and hammocks to sell, which was very helpful.

Today he is requesting a new loan to be able to purchase more hammocks and bedspreads so he can continue working and striving for his family.
View original language description ↓
Carlos es una persona muy trabajadora, es vendedor ambulante, y viene trabajando para poder ayudar a su familia por medio de ese esfuerzo. El comenta que su préstamo anterior lo uso para poder comprar sobrecamas y hamacas para la venta, que le ha sido de mucha ayuda.
Hoy pide un nuevo préstamo para poder comprar mas hamacas y sobrecamas, para que de esa manera pueda seguir trabajando y luchando por su familia.

Previous Loan Details

Carlos is a merchant. He is a street vendor. For several years, he has sold different types of artisanal crafts from different parts of the country. He lives with his spouse, Primitiva, with whom he has three children. They live in Carapeguá now. Since he comes from a humble family and he want... More from Carlos's previous loan »

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.

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.


About Paraguay

  • $8,400
    Average annual income
  • 61
    View loans »
    Paraguay Loans Fundraising
  • $37,885,300
    Funds lent in using Kiva
  • 4,427.9
    Paraguay Guarani (PYG) = $1 USD

Success!! The loan was 100% repaid

A loan of $1,250 helped Carlos to purchase hammocks and bedspreads.
100% repaid
Repayment Term
15 months (Additional Information)
Repayment Schedule
Mar 31, 2014
May 13, 2014
Currency Exchange Loss:
Jan 17, 2015
This photo was used before for a previous loan for Carlos. It was first posted on Kiva on Feb, 2013. Learn More