A loan of $600 helped buy meat, cheese, rice, oil, coffee, chicken, grains, sugar, etc.

Juan Carlos's story

Juan is 42 years old and lives in Arjona, a municipality of the Bolivar Department, with his wife and 2 children, 7 and 10. To support his family, he started his own business selling food, groceries, refreshments and other everyday products. His principal customers are housewives and neighbors to whom he sells groceries every day. Many years ago, Juan started this job selling bananas, yams and avocado and then began adding other products. He also offers transportation in his town with his Moto-Taxi. His business has done very well, but he’d like to expand and grow, and to do that, he needs capital. He’d invest in buying more products by volume in order to lower his costs. This is the reason he is requesting a Kiva loan – his 1st with the Mario Santo Domingo Foundation. With the loan he will buy meat, cheese, oil, coffee, chicken, grains, sugar, etc.
His goal is to invest in his retail business by adding more and more varied products that his customers ask for and that he doesn’t have.
His biggest challenge is to obtain enough capital to achieve his purpose.

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Translated from Spanish by Kiva volunteer Beatriz Yuste

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