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Total loan: $1,050
Medellín, Antioquia, Colombia / Manufacturing
Flag of Colombia
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A loan helped buy wholesale supplies (paraffin wax and wicks).
Jaime, 53, lives with his wife who also works with him in his candle-making business. He's been running this business for 18 years. Thanks to the knowledge he obtained from a neighbor who taught him how to manufacture this product, he's been able to afford his needs and household expenditures. Jaime is an enterprising, active, hard-working man. He runs his business Monday to Saturday from 9am to 7pm and sells his product to the neighborhood, stores and churches close to the area of his residence. He is requesting a loan to invest in wholesale supplies (paraffin wax and wicks) so he can take advantage of the discounts for buying with cash, and sell his product for a better price, which will be reflected in the increase of production and income. Jaime dreams of growing his business, positioning it at a regional level, offering job opportunities and enjoying an improved quality of life with his wife.