A loan of $900 helped rice, chicken, cooking oil.


Pedro's story

Pedro G., 43, lives in the periurban area of Paraíso de Guayaquil. His concrete house has all the basic services. His wife works as a merchant and they have children who are all enrolled in public school. Pedro started to save money in order to establish a grocery store in his home. He soon began selling food items and bit by bit was able to increase the variety of his stock items. Now, he works with his wife selling rice, cooking oils, vegetables, etc. One of the biggest obstacles for them is the high level of delinquency in their area. With this loan he will buy rice, cooking oil, chickens, vegetables to enlarge his stock. In the future, he would like to open additional branches of his store in order to insure the future of his 5 children.

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Translated from Spanish by Kiva volunteer Polliz



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Loan details