A loan of $1,475 helped to stock his retail business.

Luis Adolfo's story

Luis, 22, lives with his mother and stepfather. They share household expenses. Luis started his business because he needed an income. He sold blenders, irons and other household appliances in the beginning, then branched out to sell other products--televisions, DVD players and other electronics--that his customers asked him to provide. Luis goes to the city of Oruro to buy the products he sells. He is applying for a loan that he will use to stock his business. He wants to expand the range of products he sells so that he can increase his income. He'll use the extra income to continue paying his share of family expenses and to help his stepfather develop a separate business. Luis tells us, too, that his business supports his accounting studies. He wants to finish his degree so that he can shape a prosperous future.

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Translated from Spanish by Kiva volunteer Jere Wiseman

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