A loan of $750 helped to buy soldering materials.


Lorenzo's story

Lorenzo is a member of Solidaridad Communal Bank. He is 50 years old and has two children. He will take out a loan of 2,000 PEN. He has been in FINCA for seven years.

Lorenzo has a metal shop. He remembers that he began with a loan of 25 USD, and then little by little he was able to make his business grow. In the training he has received he has learned to better manage his business. He also has been able to buy his machinery. He is doing very well now but he wants to be able to improve his metalwork and have more capital to be able to make his business grow, and later have a branch.

He will use the current loan to buy soldering materials.

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Translated from Spanish by Kiva volunteer Catharine Wall



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