A loan of $700 helped to buy wholesale provisions.

Marcelino José's story

This is the second Kiva loan that Marcelino has requested. He was very satisfied with the results of his first investment through this program as he was able to have new capital, reinvest and obtain 40% profitability, a contribution margin of 60%, and the rotation of his inventory is currently at 28 days. Although at present he has a working capital of $4.000.000 COP, he must prepare himself for December as it comes with many requirements from his customers who want to provision themselves with rice, oil, grains, canned goods, and sausages to cook meals for these great family holidays. This is precisely what he will buy with his new Kiva loan.

If you would like to read his history, visit the following link:

Translated from Spanish by Kiva volunteer Melissa C

Loan details

Lenders and lending teams

Loan details