Check out some available loans that are similar to this one!
Alejandro has created a good life for himself and his family by selling Italian jewelry to customers throughout New York City. He first began to sell jewelry with his brother and later began selling on his own. He travels throughout the city to doctors' offices, hospitals, private offices, and other establishments where he has built up a loyal client base. His clients often call him to see if he has anything new in.

When he first began his business, he borrowed money from friends to build up his inventory. He once tried to get a loan from a bank but was turned away. Alejandro’s first loan from ACCION USA was to establish his credit; he was able to repay it on time and has now taken a second loan. With his loan he is purchasing more inventory--rings, chains, bracelets, pendants and watches, and some precious stones as well.

While Alejandro feels that money and happiness are not connected, he has created a stable business that has allowed him to accomplish both his dream of small business ownership and providing for his family. Alejandro's son currently attends university and with his small business he supports him as much as possible.

About United States

  • $47,000
    Average annual income
  • 15
    View loans »
    United States Loans Fundraising
  • $11,118,725
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $2,050 helped Alejandro purchase inventory such as rings, bracelets, chains, pendants , watches and precious stones.
100% repaid
Repayment Term
15 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Mar 21, 2009
Listed
Jun 10, 2009
Currency Exchange Loss:
N/A
Ended:
May 15, 2010