A loan of $1,125 helped to buy CDs, caps, belts, wallets and other products to augment his sales.


Mario Jose's story

Mario has been a merchant for several years, achieving greater sales through financing offered by Afodenic. He began just selling CDs and tapes, using his own capital. Now he buys newer products in larger quantity and variety, including leather belts for men and women, wallets, and caps. Mario sells mostly in the country's northern departments and in the capital, in the streets. Mario is the father of 3 children, all attending school, and he hopes to provide a better future for them. His future plans include having his own market stall where he can sell his merchandise. Thanks to these loans, he has been able to improve his house, bringing great satisfaction to his family. With this new loan, Mario will buy dozens of caps, wallets, belts, and CDs. This will enable him to maintain his sales in equilibrium.

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Translated from Spanish by Kiva volunteer Harold Dana Sims, PhD



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