A loan of $675 helped purchase a larger inventory of fruit.

Freddy Bayardo's story

Mr. Freddy Bayardo A. R. is 38 years old and married. His wife works as an office worker. They haven't got any children and live in the Juan Ramón Padilla Housing community. For the past five years, he has been selling fruit as his main source of income. In the past few months, he has noticed a rise in the price of fruit, which has made it difficult for him to purchase more merchandise. This is the reason why he is applying for a loan, so that he can buy a larger inventory of fruit, which would then increase his sales due to the high demand that occurs during the summer months. With the warmer climate, his clients tend to purchase more fruit and he wants to be able and ready to take full advantage of this tendency. The help that he is asking for would help him in reaching this objective and thus adding to the socio-economic stability of his family.

Translated from Spanish by Kiva volunteer Tracy Quan

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