A loan of $1,000 helped purchase medicines, notebooks, and pens.

Miguel Oswaldo's story

Miguel is 46 years old. He lives along the Perimetral Highway of Guayaquil (a periurban area that is situated near a salt marsh). Several years ago he opened a stationery shop, but now he also has a pharmacy.

After he opened his stationery shop, he started a job at a hospital and decided to combine his two occupations by adding a pharmacy business. Over time he was gradually able to accommodate both ventures. Miguel has had his businesses in operation for 25 years. He works from 8am until 11pm.

With this loan, he wants to increase the inventory of his stationery shop and pharmacy by purchasing notebooks, pens, and medicines. In the future, he wants to expand his business and make the appropriate accommodations.

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Translated from Spanish by Kiva volunteer Ronan Reodica

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