A loan of $575 helped to buy supplies for the preparation of his dishes.

Fernando Victor's story

FERNANDO S. lives and works in Ica, Perú. Ica is located in the Sechura Desert about four hours south of Lima, the country's capital, and is hailed by Peruvians as "The Land of the Sun." It is known in Peru for its frequent earthquakes (an 8.4 in 2001 and 8.0 in 2007), its production of grapes, asparagus, and olives, and perhaps most notably, as the source of the Peruvian traditional national drink, Pisco. In this hot, arid climate we find the client's home and business.

Fernando is single, 34 and he sells food (hamburgers, fried chicken and salchipapas [fried potatoes with hot dog]) and soft drinks. He is a hardworking man who works every day to help his family get ahead. He started his business selling food in 2008, and he earns 250 nuevos soles weekly. He works about 6 hours a day, 6 days a week.

He has never taken out a loan before. He will invest this loan of 1.500 nuevos soles that he will receive, thanks to Kiva, in the purchase of supplies to make his stews and soups and will give his customers better service. The loan will also allow Fernando to think about the future and his dream of owning his own house and helping his mother, who suffers from a long standing illness. His credit counselor believes he is an excellent client and will be able to make his payments promptly.

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Translated from Spanish by Kiva volunteer Diane Chaney

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