A loan helped to grow his 5-person recycling business.

Juan Alejandro's story

Juan, 46, is a hard-working man who has been in the business of recycling materials such as metal and glass for more than a decade. His business not only allows him to take care of his family, but also the families of his more than five direct employees and more than 10 waste collectors.

He started this project as a way to give back and keep his community clean. He has reached out to Kiva and MiCredito for a loan that will allow him to strengthen his business and expand it to employ more people.

He is going to buy chemicals to treat the waste and make it recyclable, as well as buy batches of iron. His future goal is to open different recycling stations in his city.

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Translated from Spanish by Kiva volunteer Amy Polenske.

This loan is special because:

It helps small businesses grow, which creates jobs and reduces poverty.

Loan details

Lenders and lending teams

Loan details