A loan of $1,000 helped to buy rice, soda and dairy products.


Jose Gregorio's story

Twenty-three year old José R. lives in the Suburbio de Guayaqhil neighborhood. His house is made of cement and has all the basic necessities. His wife is a homemaker and together they have an 8 month old child. Four years ago he had an accident in the business where he worked and they retired him at a young age. With the money from the retirement he bought some provisions and began selling them outside his home. Now he owns a well-stocked store. He works every day from 6am to 9pm and sees on average 21 customers a day. One of the difficulties that he has is the crime in the area where he lives. With this loan he would like to buy rice, soda and dairy products for his business. In the future he would like to expand his store in order to be able to continue to work.

Translated from Spanish by Kiva volunteer



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Loan details