A loan of $900 helped to buy beer and soda wholesale.

Ricardo's story

Ricardo is a member of the "Tercer Milenio" (Third Millennium) community bank which is located in Urubamba district, in Urubamba province, in Cusco department.

Ricardo is 65 years old, married, and has 8 children, 6 of whom still depend on him for their education and food. Ricardo owns a small restaurant called 'El Cienciano' which is located at 360 Jr. Mainique. His wife and children work in the restaurant. Ricardo works in educational administration in Urubamba. He used all his savings to set up the restaurant so that he could provide work for his family and so that they could make some extra income. It has done very well and, with what they save, they are able to buy the products and supplies they need wholesale.

Ricardo is requesting this loan to invest in buying beer and soda wholesale to stock the family business. In this way he hopes to improve sales. He is requesting this loan to buy beer and soda wholesale. He is happy to be receiving the loan and pledges to make his repayments on time.

Translated from Spanish by Kiva volunteer Linda Oxnard

Loan details

Lenders and lending teams

Loan details