A loan of $1,200 helped buying rice, cooking oil and soft drinks.

Luis Albeto's story

Luis is 28 years old and sells fruits and vegetables from the front of his house. He lives in Fortín de Guayaquil, an area characterized by unpaved roads and many informal businesses.

Earlier, he worked selling burial caskets to support his wife and his two children, aged 10 and 6. However, since he wanted to spend more time with his family, he invested his savings in groceries and set up a small store in the front window of his house. Since that time, he has been selling vegetables, fruits and groceries.

With the loan, he would like to buy rice, cooking oil and soft drinks, so he can expand his store, offering a wider range of grocery items as well as produce. In the future, he would like to finish constructing his house and expand his business.

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Translated from Spanish by Kiva volunteer Patricia Linderman

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Loan details