A loan of $1,050 helped to stock his grocery store and invest in working capital.

Juan Carlos's story

Juan Carlos, 35, is single and has no children. He's from the department of Chinandega, located in the western part of the country.

Juan Carlos's job is a "pulpería" located in his house for the past 11 years. A "pulpería" is a small store that sells small quantities of products, such as a box of matches, individual cigarettes, an envelope of coffee or shampoo, oil, sugar, bread, and milk. The business came about because he needed a job and wasn't able to finish his university studies. Currently he has been able to manage the business and up to now it has been profitable.

He needs the loan to invest in working capital and stock his business with products for daily household consumption.

Juan Carlos is grateful for the help Kiva lenders give to low-income people and poor countries such as Nicaragua so they have a decent living.

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Translated from Spanish by Kiva volunteer Catharine Wall

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