A loan of $1,000 helped to buy clothes.

Álvaro's story

Alvaro is 32 years old and lives with his wife. He and his wife are clothing merchants; they run the business together. They’ve been in this line of work for over five years having learned from a family member who also was a clothes merchant. He currently has ten dozen articles of clothing like women’s blouses, men’s shirts and infant wear. Alvaro used to be a corn and bean farmer before going into this business.

He buys his merchandise in a department in the east of the country that’s located 26 kilometers from where he lives. Clothes to be sold can be bought there at affordable prices and also in his own town on market day, Sunday, when merchants from other zones come to sell clothes.

Alvaro asks Fundación Campo for a loan to buy six dozen women’s blouses, six dozen skirts, six dozen men’s shirts, six dozen pants and for infants: diapers, dresses, blankets, and caps, among others.

By purchasing all this clothing he will have stylish merchandise in stock and he will meet his current demand because he has a sales stand near where the city’s informal commerce takes place so demand is high and sometimes they come looking for something and he has to say that he won’t have it until the next week.

Making this investment will allow him to meet current demand and he will sell more and increase income. With this income Alvaro will buy an inside stand in the municipal market or rent a stand to set up his business. He will also do some home improvements like repair its doors and windows. He also wants to acquire cases to display his clothing and acquire furniture to set up a mini store.

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Translated from Spanish by Kiva volunteer Polliz

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