A loan of $575 helped to buy food, provisions, meat, drinks and liquors.


Edgar Alexander's story

Edgar has a store in the neighborhood of Santo Domingo, in the southwest of the city of Barranquilla, where he sells all of the staple goods. Since he began this business he has always thought about satisfying the food needs of the neighboring homes, because before he began his store the housewives didn't have a place to go and buy things that were affordable, on a small scale and, most importantly, very close to home.

His dream is to add a great selection of things, until he becomes a warehouse. He would also like to get a site to construct a building for a granary. Meanwhile, he works long shifts every day and maintains a profit margin of at least 20% to meet his personal and familial goals.

With his Kiva loan, which is his first with the Mario Santo Domingo Foundation, he will buy food, provisions, meat, drinks and liquor to stock his store and increase his business capital. With this cash purchase, he will be able to maintain prices for his customers and get better profits from his business, which guarantees the success of this investment.

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Translated from Spanish by Kiva volunteer Mary Berghaus



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