A loan of $725 helped to buy more school supplies to sell at his bookstore.

Luis Alcides's story

Luis is 25 years old, single and doesn't have any children. He lives with his parents, who are merchants, in the district of Jose Leonardo Ortiz (JLO), an urban zone formed 6 years ago. His community is on a path of growth and now has basic services like drinking water and electricity.

Luis sells newspapers, magazines and other book supplies. He has more than 8 years of experience doing this. He sells bookstore items from his home and delivers magazines and newspapers to houses and businesses all over the JLO zone. Now that the school season has begun in Peru, Luis wants to invest his loan in buying a bundle of items like notebooks, books, paper, educational materials, etc to sell to his customers.

His greatest desire is to continue growing the bookstore in his home and to have a large selection of inventory. Luis is a recurring client with Edpyme Alternativa. He has managed other loans that he invested in his business and paid them back on time.

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Translated from Spanish by Kiva volunteer Mary Berghaus

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