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Lorenzo
Lorenzo lives in the town of Corinto in the Salvadoran "departamento" of Morazan. He lives with his wife and son. Don Lorenzo and his family operate a business selling "dulce de panela"--a sugar-based food product that is a main ingredient for some local deserts--and everyday commodities. He works from 6:00am to 5:00pm. He works at the Corinto town market on Wednesdays and Sundays and from his house the rest of the week. He has operated the business for 5 years, learning the business as it's grown. Now he's applying for a loan to buy stocks of dulce, maize and beans. The loan will help him a lot because he's been building his house and has nothing left to buy supplies for the business.
Don Lorenzo's goal is to ensure that the business prospers and continues to provide the income that he needs to live.
View original language description ↓
Lorenzo, reside en Corinto departamento de Morazán, vive con su esposa y su hijo, don Lorenzo trabaja junto a su familia en la venta de dulce de panela y granos básicos, desde las 6:00am a 5:00pm, todos los miércoles y domingos en el mercado municipal de Corinto, los demás días de la semana venden en su casa, este negocio lo aprendió por sus propios medios desde hace 5 años.
Actualmente está solicitando un préstamo para la compra de dulce, maíz y frijol, este préstamo le servirá mucho, ya que por motivos de construcción en su casa, se quedo sin fondos para comprar mercadería para el negocio.
Su esperanza es mantenerse en el negocio, con una buena rentabilidad y continuar mejorando las condiciones de su vivienda.

About El Salvador

  • $7,500
    Average annual income
  • 728
    View loans »
    El Salvador Loans Fundraising
  • $26,039,750
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $400 helped Lorenzo to buy ingredients for his food sales business.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
May 4, 2011
Listed
May 16, 2011
Currency Exchange Loss:
N/A
Ended:
Dec 15, 2011