A loan of $1,400 helped to buy frames, canvases, and paints in large volume.


Walter's story

Walter is 20 years old and the father of a 2-year-old son. He is an inspired young artist who paints pictures on canvas. He sends them to a framing shop and sells them. He has had business experience since he was 15, when he learned to profit from the products of his inspiration and make it his own lifestyle that would generate income for him. His principal customers are homemakers and employees who pay him weekly, monthly, or every two weeks, according to each one's ability, but in the short term. Now he does not have access to clients with whom he could negotiate if he offered longer term loans, and this has become one of his greatest challenges. This is why he is turning to a Kiva loan, which will be the second financing that he has had with Mario Santo Domingo Foundation, and with which he will buy frames, canvases, and paint in greater quantities, in order to offer better payment terms to his customers and win a larger number of them. Walter is a hard-working young man who goes out every day with his paintings and offers them door-to-door throughout the the city of Cartagena, always seeking to sell more each time. His goal is to end the year with an increase in his loan portfolio and succeed in responding to all the challenges that entrepreneurial activity brings with it, since he is very young and has the ability to achieve his dream of prosperity, which is nothing other than improving his quality of life and that of his family.

Translated from Spanish by Kiva volunteer Pam McMurry



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Loan details