A loan of $850 helped to install a roof on his building.

Luis Enrique's story

Luis Enrique lives in the community of Centro in the municipality of Malambo. He lives with his wife and their two children, aged 8 and 12. He is a very responsible, 42-year old man who has supported his household by working independently on a business he started six years ago. He was encouraged by a friend, the owner of an outlet, and that is from where he derived his own business. Luis Enrique started out sell ram's meat weekly to his neighbors in the community and to the co-owners of a building where he worked as a security guard. There he earned many clients and he completes his sales in cash and on short-term credit.

His goal for his family is to one day see his children have careers. His goal for his business is to increase his purchase capacity, wanting to convert into a cattle wholesaler. He wants to protect his credit history so he is cautious with his loan payment obligations and his is gradually organizing himself to meet his goal. This Kiva loan is the first loan he has accessed through Fundacion Mario Santo Domingo (Kiva Field Partner) and he requires it to recondition the roofing on his business, to be ready for the approaching winter season which could affect his business. He will also purchase pork, beef, and chicken meats to resell. His market has grown in the number of clients. He wants to offer them a selection according to their likes and to their gastronomical culture.

He started out his business through connections with owners of farms and by selling pork and turkey meat in his neighborhood. With time he got to know the business and today he not only sells in downtown Malambo, but also at the restaurants and other clients who buy in wholesale in the entire municipality. His profits he has been gradually organizing his store, adding a freezer to conserve his foods. He was also able to refinish the walls with a loan he acquired. He travels on the weekends to make his purchases in Cascajal, Ponedera, Sabanagrande and Puerto Giraldo and it is at these locations that he has gotten to know many farmers. They have been encouraging him to sell their cattle and he thinks it's a good idea, although he plans on taking his time. Given that Luis's goals are within his reach, his organization, and his projection for the future he formalized his business by registering it with Chamber of Commerce. He will continue to earn credibility in the market and to secure better commercial activities.

Translated from Spanish by Kiva volunteer

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