A loan of $850 helped to buy tobacco products and soft drinks.


Jaime's story

With his previous loan from Kiva, Jaime bought tobacco products and soft drinks. He supplied his stationary stand with these to reduce his costs and increase his profit.

This made him think about applying for another loan to continue investing in larger volumes of these products. This way he will save money since the prices the suppliers offer are competitive. This is because of the loan from Kiva.

He has the following message for Kiva’s lenders:
“Thanks a lot for the financial support that you offered to my business. Hopefully, you will continue to do so such that I can educate my children and have my own house.”

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Translated from Spanish by Kiva volunteer Mareike Koolen



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