A loan of $1,000 helped to buy wholesale ingredients like noodles, rice, potatoes, and chuño (tuber), for the boarding house food service that his wife manages.

Luis's story

Luis and his wife sell food at a boarding house. Luis is also a substitute radio dispatch taxi driver. These business activities cover the family’s expenses.

He will use the money from the loan to buy wholesale ingredients like rice, noodles, potatoes, and “chuño” (a Peruvian tuber), etc. for his business of selling food. That way his costs will be less, and he consequently will have the possibility of improved income.

He lives in a house under an “anticrético” arrangement in the city of El Alto. (Anticretico is a transaction not available in the U.S. whereby a property owner requests a "loan" from you in exchange for housing, which must be paid back to you at the end of your contract. If your loan is not repaid, the property owner loses the property to you).

He is married and has three children.

Translated from Spanish by Kiva volunteer Ginny Kalish

Loan details

Lenders and lending teams

Loan details