A loan of $1,000 helped to purchase CDs and merchandise.

Juan Gilberto's story

Juan lives with his wife and two dependent young children, aged 10 and 2 years old. John has a business selling CDs and DVDs, as well as groceries, lotions, wallets, stationery, key chains, and a variety of other products. He inherited his business from his parents, and works with his wife.

Juan currently needs to purchase goods to help strengthen the business, and has applied for a loan that will cover this cost and improve sales. He will use the loan to purchase CDs and merchandise to sell, which will allow him to increase his inventory and be able to offer a greater variety to his customers.

John's dream is to buy his own home in the future, as he has been renting for 10 years. He hopes to achieve better economic solvency to enable him to invest in a house. With this loan he intends to make a good investment which will have positive effects on his business.

Translated from Spanish by Kiva volunteer Fiona Craig

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