A loan of $725 helped to buy a sound amplifier, lights and to increase his stock of liquor.

Diego Alexander's story

Determined and hardworking are the best ways to describe Diego, a young man who has been working hard since an early age to generate his own income and at the beginning to help his parents with household expenses. Now, Diego and his spouse have a 7-month-old daughter and he states that they are his motivation to work hard every day in order to move them forward.

Diego has spent a large part of his life running bars and discotheques so one day he finally decided to stop working for others and open his own business. He started it with very little capital but thanks to his sales has been gradually increasing it.

Diego’s bar has a few shortcomings because his furnishings have deteriorated due to use so he has to repair the sound system and lights. He also needs to buy merchandise that will allow his business to be better stocked for his customers. However, Diego does not have sufficient capital to make these purchases so he’s put his hope in a loan that will give him the opportunity to buy a sound amplifier, to buy lights and to buy a larger supply of liquor to be able to respond to customer demand.

Diego’s dream is that the business will provide him with higher income to be able to move his family ahead and provide his wife with a better quality of life and his months-old daughter with everything she needs and in the not too distant future enroll her in a quality education.

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Translated from Spanish by Kiva volunteer Polliz

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