A loan of $775 helped to buy coal to later sell.

Juan's story

Juan is 40 years old and married. His wife is in charge of taking care of the house. They have 3 adolescent boys who already have their own jobs, and a 16 year-old who is a student.

Juan comments that he specializes in the sale of coal. He started out in this line of work more than 10 years ago, working alongside his brother. He now works on his own. He has a shed that is filled with small bags of coal. He is in charge of packaging the coal and selling it in the area, and he has a truck available for this purpose. He dreams of becoming a major distributor in the area, but he comments that to do this he needs more capital. This is what motivated him to turn to the credit assistance of Fundación Paraguaya and Kiva.

He requests a loan to buy coal, and in this way increase his inventory so that he will have more product in stock.

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Translated from Spanish by Kiva volunteer Lisa Grobar

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Loan details