A loan of $625 helped buy merchandize, groceries and basic household goods to stock his displays and shelves with more items.


Joaquin's story

Joaquín is 73 years old and has store, his experience begins since 1948 when as a young man he worked in different neighborhoods of the city and gained experience and saved money as he was paid his daily wages. Once he had enough money he decided to start his own business venture in a neighborhood in the southern part of the city where he was for 6 years until he moved and with great effort saved more money and was able to buy a bus. He then dedicated himself to transportation and 35 years later decided to start a small neighborhood grocery store in the northern Barranquilla, when he had enough money he was able to buy his own home and opened a small space and started his business. Today he sells basic household items, 30% of his sales are on credit and 70% are cash. He buys his merchandize daily cash down in the city and from companies that bring their items to his store as he makes his order. His goal is to expand his store and to leave his children a legacy of hard work and entrepreneurship. At present, Joaquín needs a loan through the Fundación Mario Santo Domingo, he will buy merchandize, groceries and basic household goods to stock his displays and shelves with more items since many times he does not have enough capital and is in need of having some stock. He is always willing to please his customers to continue his business and to fulfill his dream of success.

Translated from Spanish by Kiva volunteer



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