A loan of $575 helped to stock his store.

Carlos's story

Carlos is 67 years old and lives in a community very near Barranquilla, where he has had a business since 1997. He began it after he lost his job at another company. At first he sold individual fruit but then added cheese, meat, whey, butter, and various types of tubers. He sells for cash, Monday through Friday from 6:00 am to 5:00 pm and buys his wares for cash from large suppliers. Even though his business has been growing little by little in size, the volume of goods that he can buy is not sufficient to satisfy the demand. He has the great challenge of not having the working capital he needs to make purchases in quantity, which would provide him with more competitive prices and allow him to respond to potential customers, especially during the holiday season, when the consumption of food increases.

Carlos sells what he usually sells in his market. Customers buy ingredients to make delicious soup that they boil and add three types of meat, pork, beef, and chicken; plantain, smoked yam, and vegetables. It’s eaten at parties after drinking liquor.

Carlos is asking for another loan, through Fundación Mario Santo Domingo, that he will use to increase his working capital and investments and number of customers. He is using his first Kiva loan to buy pork, beef, chicken, yucca, plantains, etc. in bulk to improve his sales for the coming season. He expects this to be a successful investment.

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Translated from Spanish by Kiva volunteer Hugo Reyes

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