A loan of $10,000 helped to grow his construction company.

Abelardo's story

Abelardo is originally from El Salvador and arrived in the United States in 1993. In El Salvador, Abelardo owned a refreshments distribution company, and his wife, Luz, worked in a store as a clerk. They have four children, two older and two younger.

In 1998, Abelardo started working informally on various construction projects, specializing in drywall. After some initial success, he continued to work on small projects until he obtained the necessary licenses to register his small business, Abero Construction Inc., in 2006.

After losing his home to foreclosure in 2008, Abelardo has worked hard to bounce back. Because of his 12 years of work in the industry, he used his network to obtain multiple contracts, usually as a subcontractor of a larger construction company. His business is now profitable, in part because he adapted his business model to only accept positions as lead contractor.

Abelardo's Kiva loan will be used to support him with working capital to cover the daily expenses of his growing construction business and strengthen his business credit. Over the next six years, he hopes to double his profits and access more government contracts.

Loan details

Lenders and lending teams

Loan details