A loan of $600 helped to buy grocery items to diversify his inventory.

Jader's story

Jader is 30 years old. He lives in San Juan Nepomuceno with this wife and his 6-year-old son. In this town he has a business where he sells basic products for the family at retail to the families located in the area. With his business he has been able to provide for his family and he has been making gradual progress. Not everything has been easy. When he started out, he did it with money lent at a high cost, little merchandise, and buying things with high turnover that sold quickly because he had to pay quickly. Almost all of his earnings wound up in other people’s hands. His wife has been his greatest strength. Without her he couldn’t have gotten his work done, because she has helped him in his work, while he simultaneously also works in bricklaying and motorcycle mechanics, among other things that he has learned and which have generated income that have been important for growth. He is now requesting a Kiva loan, his first loan from Fundación Mario Santo Domingo, which he will use to buy grocery items that will diversify his inventory and will guarantee a permanent inventory for responding to his customers’ requests; they often leave dissatisfied because Jader doesn’t have things in his store and this is a big challenge, as is not having sufficient capital. With his Kiva loan he will achieve this, which will improve the success of this investment.

Translated from Spanish by Kiva volunteer Jennifer Day

Loan details

Lenders and lending teams

Loan details