A loan of $775 helped to buy supplies for his bakery business.

Nelson's story

Nelson is 33. He lives with his partner, and they have no children. He says that the quality of life in his community is one of subsistence; most of the inhabitants are independent laborers, who practice trade, agriculture, and herding. Nelson lives on the Cojal estate in the district of Cayalti, in the department of Lambayeque; he has basic electricity service and gets his water from an artesian well; he also tells us that all the families in his district live under these conditions.

Nelson makes and sells bread, cakes, layer cakes, and so on. He takes them around the houses nearby on his bicycle, and he does very well with his business. He also raises and fattens goats, generating from this additional income to cover his own expenses. Nelson has six years of experience in this business, which has allowed him to build up an established clientele. His partner also helps him with the business.

Nelson is now seeking a new loan from Kiva partner Edpyme Alternativa for a loan of S/. 2000 new soles ($775), which will be used as working capital (to buy flour, butter, yeast, coloring, vanilla) and to repair his bicycle. His business is very profitable in this area, and he hopes over time to keep improving his family's standard of living.

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Translated from Spanish by Kiva volunteer Ross Forman

Loan details

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Loan details