A loan of $1,025 helped to buy mobile phones at wholesale.

Hugo Efrain's story

Hugo, 33, has two children aged 2 and 8 months. He works selling mobile phones. This loan is his first sequence in the institution and Hugo will use it to buy mobile phone merchandise at wholesale to stock his business. His reason for requesting the loan is to increase his working capital. The business challenge Hugo faces is to increase sales. He will use profits to continue buying merchandise to continue improving his business thus continuing to generate more income and as a result improving his quality of life. Hugo feels happy and grateful for the opportunity being granted since this is the only activity he has that allows him to support his family.

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Translated from Spanish by Kiva volunteer Polliz

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