A loan of $575 helped to buy large quantities of food, liquors and drinks to stock up his shop.

Carlos's story

Carlos is 54 years old. He is married, he lives in the town of Cartagena and has 4 children aged between 24 and 27 years of age. He is a retailer and he also owns a shop where he sells basic necessities such as snacks, canned food, sausages and so on. Thanks to this activity he has succeeded in providing for his family. He came up with his entrepreneurial many years ago, while he was engaged in selling fruits in a small stall located in the town’s market and he suffered an accident: a donkey bit him in the face, and as he could not keep on working standing in the sun, he decided to sell basic necessities to his neighbors from his own house. This activity has been going very well but his expectations of growth are higher that his working capital can allow him: for this reason he invests money from the loans in his activity, having already received 3 loans from the Fundación Mario Santo Domingo. He has been working for 4 years with this organization, gradually growing as well. He is now requesting a loan to buy large quantities of food, liquors and drinks such as beer to stock up his shop with the products he gets more requests for in the Christmas and New Year seasons. This is precisely his reason for asking for a loan for his shop, due to the high success rate of his activity, as well as those of growing as a micro entrepreneur.

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Translated from Spanish by Kiva volunteer Emanuela Villa

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