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Andres
Andres is a young entrepreneur who works hard for his future. His current business, a food cart specializing in Latin American snacks (pan de bonos & arepas), grew from his passion for baking. His cart operates out of a local supermarket (Presidente) and offers coffee and other various beverages as well. Although he is the sole owner of his business, he is thankful for his brothers and family for added support.

This is his second loan from Accion East and Online, which he nearly paid off in full. This current loan will help Andres to buy a new mixer and an oven to increase his level of production.

The great challenge Andres faces is local competition and establishing a reputation for his business. His aspirations for the future include increasing his inventory, becoming a wholesaler, and opening a food truck with Jac Brothers.

About United States

  • $47,000
    Average annual income
  • 32
    View loans »
    United States Loans Fundraising
  • $11,835,475
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $3,250 helped Andres to purchase a new mixer and an oven to increase production.
100% repaid
Repayment Term
20 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jun 2, 2013
Listed
Jul 5, 2013
Currency Exchange Loss:
N/A
Ended:
Jan 17, 2015