A loan of $1,075 helped to buy notebooks, books, folders, and cardboard.

Hoover Euclides's story

Hoover is a head of household who was born in the beautiful ,green province of Esmeraldas in Ecuador. He is 40 years old and married to Aida. He currently lives in Guayaquil with his wife and three children. Aida works as a domestic employee and also sells products by catalogue. Their children go to the public school. Hoover tells us that he started his business out of the need to increase his income, since what he was making as an employee was not enough for the family. After several years, business is going quite well because he has clientele. It is a family business because he receives the help of his wife in her free time and that of his children.

The difficulties he runs into are the same ones his neighbors have: delinquency and unpaved streets, especially in the wintertime. With the loan he will increase his stock and buy notebooks, books, folders and cardboard. Over the next few years, and with a lot of work, he would like to expand his store and establish it in a better location to increase sales.

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Translated from Spanish by Kiva volunteer Sherry Bess

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