A loan of $800 helped for candy, cooking oil, rice.

Carlos Enrique's story

Carlos, 61, has a grocery store where he sells a pound of rice for $0.30, a pound of sugar for $0.35. He lives in El Suburbio de Guayaquil one of the areas that’s notable because most of its residents are merchants.

He started ten years ago selling ice cream and snacks. The business grew gradually thanks to some savings he had. He bought some display cases, rice, canned goods and sugar so that her customers would have more variety to buy. Little by little the store became well known and how he’s open from 6:30am until 11pm. His eldest daughter helps him.

He will use the loan to buy candy, cooking oil and rice to better stock his store. In the future he’d like to expand the business and buy more merchandise.

Translator profile picture

Translated from Spanish by Kiva volunteer Polliz

Loan details

Lenders and lending teams

Loan details