A loan of $1,675 helped to buy soles, rubber, fabric, and other supplies.

Luis Fernando's story

Luis worked at a shoe factory for many years, but he lost his job after the owner of the company decided to move the business to another city. It was at that point that he decided to use some of his savings to start his own shoe repair business. At first it was extremely difficult given that he had limited available capital, but gradually he improved his business and his shop has been in operation for 25 years.

Luis is the head of his family, so his wife and three children are dependent on the income generated from his business. For this reason, Luis is always looking each day for ways to improve his business and increase his income. The season is approaching when his sales increase considerably, so Luis is requesting a loan to buy supplies such as soles, rubber, fabric, and other supplies so that he will have sufficient inventory to respond to the requests of his customers.

His dream is to continue his business and improve each day so that his family will have more income and the opportunity to enjoy a better quality of life. He also wants to have more financial opportunities to make progress.

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Translated from Spanish by Kiva volunteer Ronan Reodica

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