Funded

Total loan: $875
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Oswaldo Rafael


A loan of $875 helped to buy charcoal and used clothes.


Oswaldo Rafael's story

Oswaldo, 38, is from Masaya. He’s married and has two children whose ages are 8 and 12 years respectively. He’s a merchant. He’s been selling charcoal and used clothes for three years.

He started his business selling vegetables but it wasn’t very profitable because quite a bit of the products spoiled. He decided to change his line of work and he currently sells charcoal and clothes which are more durable products.

This new business has opened doors and his standard of living is changing and his business is stable to date. His family helps him with the business.

Oswaldo sells his products in a market in the capital. He’d like to obtain another locale in the same sector to make his products known. He wants to improve the business’ conditions so that it will be attractive to customers which will lead to higher profits and will improve his and his family’s standard of living.

He has requested this loan to buy charcoal and used clothes. One of his next goals is to make some home improvements and to buy a new market space to separate the charcoal sales from the clothing sales since he currently sells both in the same space and he’s like to make each one independent from the other.

Translator profile picture

Translated from Spanish by Kiva volunteer Polliz


Loan details

Loan length:

14 months
Disbursed date: August 14, 2012

Lenders and lending teams



Loan details

Loan length:

14 months
Disbursed date: August 14, 2012