A loan of $1,700 helped to buy a set of chairs.

Álvaro Hernán's story

Álvaro is 56 years old. He is married and has two children, one of whom is a minor. He worked for twenty years at a “Caja de Compensación Familiar” (family compensation fund agency). The company entered a recession and it became necessary to cut staff and Álvaro was one of the affected employees. Aware that life goes on and with a family to support, he realized it was necessary to find a source of income that would allow him to put food on the table.

He looked for work for a long period of time but wasn’t successful because of his age. So, with the intention of being located in a strategic place for the sale of “fritos” (fried dishes), he determined to start his own business in front of an EPS. Álvaro says that thanks to this job, he has been able to provide his two children with an education and that he plans to work hard in order to offer his family a better future. He dreams of having a location where he can adapt and expand his product portfolio. For this reason, he is requesting a loan to purchase a set of chairs to improve the quality of customer service and supplies to increase his sales capacity.

Translated from Spanish by Kiva volunteer Eleanor Francoletti-Putz

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