A loan of $1,175 helped to pay cash and buy soft-drinks, liquor and snacks at wholsale.

Jader Wadid's story

Jader used his previous Kiva loan to pay cash for wholesale purchases of soft-drinks, mobile phone plans, liquor and novelties. With them, his business is much more active and earns higher income. He’s currently applying for a new Kiva loan that he will invest in the same way thus having greater liquidity, increased working capital and higher sales and profits. His investment will be successful because he’ll apply the loan to his business during a season when sales are high; a season when liquor, soft-drinks and novelties are highly sought-after items in sales stands. His message to Kiva lenders is the following: “I am very grateful to Fundación Mario Santo Domingo and to Kiva and hope to continue having your support to continue making progress in my business.”

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Translated from Spanish by Kiva volunteer Polliz

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Loan details