A loan of $1,000 helped clothing and electronic appliances.

Juan Carlos's story

Juan is an informal merchant of clothes and electronic appliances. He lives with his wife and two kids in Guasmo of Guayaquil ( a place characterized by its predominant population of informal merchants).

He began with funds given to him by the company where he works at; he purchased merchandise like electronic appliances and clothes to sell to his friends and acquaintances. He works alone and starts very early roaming the streets to sell clothing and electronic appliances. His problem is that he doesn't have a vehicle and he has to cover dangerous territory.

With this loan, he would like to purchase more merchandise like clothing and electrical appliances for the business. In the future he would like to start a stationery for his kids.

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Translated from Spanish by Kiva volunteer Gustavo Gutierrez

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