A loan of $375 helped to buy clothes to sell for Christmas.

Avelino's story

Avelino lives and works in Camaná, Perú, an oasis in the otherworldly, long and dry Sechura desert that dominates the coast in the southeast of the country. Camaná has historically been an important Peruvian tourist destination. However, the frequent and strong earthquakes and tsunamis of the last decade (an 8.4 in 2001 and an 8.0 in 2007) decimated the city and destroyed the tourism industry in Camaná eliminating many jobs, means of support and homes. The result of unemployment, however, is that it creates an environment for micro financing. Micro financing allows people with few resources who have a small business to have an opportunity as businessmen in the marketplace.

Avelino is a hardworking man. He strives daily to support his two small children who are 6 and 11 years old. With his children as motivating forces to get ahead, he started selling clothes two years ago which guarantees income to cover the family’s basic expenses.

With the 1000 sol loan thanks to Kiva lenders Avelino will buy much more merchandise for the Christmas season because this is the season of the year when sales spike due to the large number of people who want to dress up differently on Christmas Eve because of their beliefs. This help will make it possible for Avelino to think that he can make his business grow and also to improve his house for his children.

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Translated from Spanish by Kiva volunteer Polliz

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