A loan of $1,075 helped to buy rice, sugar, and notebooks.

Teofilo Joffre's story

Teofilo, age 33, is married and has three children. He lives in the sector known as El Fortín. Nelly, his wife, is a housewife. His children are 8, 9, and 11 years old, and they attend the public school.

He is a pharmacologist by profession, but he has his own business. In 1995 he started to make shampoo that he sells at his house. He started the store a year ago. His work schedule is from six in the morning until eight at night. His wife helps him with the store.

In his business he sells basic needs items like rice, sugar, notebooks, pencils, and chemicals, etc. Teofilo tells us that he does not have any major difficulties. However, during the winter the streets get damaged, and that complicates transportation.

This is his fifth loan. He will use it to expand his business by purchasing rice, sugar, oil, and notebooks, etc. In the coming years he would like his business to grow more.

Translated from Spanish by Kiva volunteer Ginny Kalish

Loan details

Lenders and lending teams

Loan details