A loan of $1,000 helped to purchase cocoa (powdered chocolate) by quintales (100-kilogram units).

Lucio Juan's story

Lucio continues to run the same business selling cocoa by wholesale. He reports that the previous loan went well for him, since he used it to make his final payment. He currently requests a loan in order to purchase quintales (100-kilogram units) of cocoa, because this product is in high demand during this year-end season. This is due to the many "chocolatadas" (a traditional event where chocolate milk and Christmas cake are served) that are held for children of various institutions. That's why he wishes to stock up with this product and thefore increase his profits during this season.

Translated from Spanish by Kiva volunteer Renata Wolff

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Loan details