A loan of $575 helped to buy stock merchandise for his store.

Isoel's story

Isoel lives in the town of Soledad with his spouse who works with him and with his two children who are 7 and 9 years old respectively. He has a store there where he sells snacks, foodstuffs, beverages, soft-drinks, etc. to a clientele consisting of local housewives who daily buy in small quantities ranging from one ounce up to one pound. Isoel’s store has been in operation for four years and has been in its present location for one year. He pays cash for the supplies he buys in the central supply market in Barranquilla twenty-five minutes away.

At present, this micro entrepreneur is asking for his first Fundación Mario Santo Domingo loan which he’ll use to buy merchandise to properly stock his store. His store earns good profits and he has good capacity to repay the loan. His goal for later on is to make improvements to the locale to provide a more commercial environment for his customers.

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Translated from Spanish by Kiva volunteer Polliz

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