A loan of $1,475 helped to buy cleaning accessories.


Oscar Jose Luis's story

The client, Oscar, is a 23 year old man. He is married and works in a Telecommunications business in the city of Cochabamba. He currently lives in the northern region of the city, approximately 7 kilometers from the city of Cochabamba. The house in which he lives is not his own. He lives in the house with his wife and family on a rent-free basis through the use of an upfront loan which is paid back upon completion of the rental period. They have one child who is dependent on them. The purpose of the loan from the institution is to buy merchandise because his wife makes a living selling cleaning accessories. Currently the products that the customer manages is very expensive and needs the capital for the business because the rental contact is exhausting itself. They need to improve their marketing to improve their standard of living.

Translated from Spanish by Kiva volunteer Gina Cappuccitti



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Loan details