A loan of $425 helped to buy merchandise and equipment for his cafeteria.

Felix Ruberto's story

With 15,900 DOP Félix would be able to buy more merchandise like a toaster and a blender in order to serve more customers in his cafetería. Félix started the “Cafetería Felito” seven years ago when he was laid off from his job.

Félix has a dual purpose for this loan, to stock his cafeteria and to create a credit history in the formal financial industry. Up until now when he needed a loan he always turned to a loan shark (informal lender).

Félix is married and has five adult children. His wife has a tapestry shop.

In the future Félix would like to have his own place where he would be able to have his cafeteria and his wife’s tapestry shop.

Translated from Spanish by Kiva volunteer Ginny Kalish

Loan details

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Loan details