A loan of $625 helped to buy a box of oil, soap, sugar and bags of rice.


Jean Seraphin's story

Jean is a 28-year-old man who works in commerce. He opened a grocery store in a neighborhood in the region's capital city and has been running it for three years now. His small store is working out thanks to the warm welcome he gives everyone, his experience in the field and the customers he has gained over time. His number of customers has increased and he is no longer able to satisfy them because he doesn't have much capital and this forces him to buy retail. He is requesting this loan to strengthen his small amount of working capital so that he can diversify his merchandise (rice, salt, boxes of sugar, boxes of soap...), and increase his profit margin. He will re-invest part of his profits into the business so that he can meet the needs of the people in his area. The rest will allow him to meet his own daily needs and those of his family.

Translated from French by Kiva volunteer Linda Oxnard



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