A loan of $650 helped to buy automobiles.


Alfredo's story

Alfredo Hernández, age 52, lives in the San Francisco neighborhood in the city of Danli. He buys and sells vehicals. He has over 11 years of experience in this business.

He does not presently have enough working capital to continue buying vehicles. This is because many times the sales are not for cash. He exchanges vehicles, and sometimes he gets cash back. Other times he is the one who gives cash back.

Alfredo is in a common-law marriage. He lives with his life partner, and they do not have children. However, he does have three children from his first marriage. The children are adults, and they work. His life partner works for the Ministry of Public Health as a nurse’s assistant in the Oriente departmental hospital.

He will use the loan to get together the money to be able to start buying another car for resale.

Translated from Spanish by Kiva volunteer Ginny Kalish



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Loan details