A loan of $900 helped purchase of pasta products, Yerba mate, rice, sugar, flour, and other commodities.


Eladio's story

Eladio G. is 52 years old. With his wife Maria, he has two grown children, who are working professionals and independent. His business is about 8 years old. He was able to start working for himself with the help of savings he accumulated from jobs he held previously. That is, his business is the result of earnings derived from his work as a traveling salesman. Today Eladio and Maria run the business, and through their efforts it has experienced regular growth and stands up to the competition.

Eladio has his own home. He would like to purchase in larger quantities, to benefit from discounts and thus enjoy a larger profit margin from his sales. He states that the only way to grow is through credit, because it would be hard from him to accumulate operating capital. This is why he is requesting a loan. He is a responsible person, eager to achieve, and he has a cheerful outlook. He is enterprising, and there is no doubt but that he will reach any goals he sets for himself.

Translated from Spanish by Kiva volunteer Mary Jane Wilkie



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Loan details