A loan of $600 helped to buy magazines, newspapers and books to sell.

Francisco's story

Francisco is a tenacious person who is married and is 67 years old. He has 3 children, but only one is still a dependent. Francisco lives in the city of Ibarra, and is known to be a friendly and hardworking person. Cheerful and enterprising, Francisco has worked for more than 20 years selling newspapers in the city of Ibarra. This business has helped him to support his family.

Francisco is requesting a loan from FODEMI to invest in the purchase of newspapers, books, and magazines, because he currently has his own newsstand in the center of the city where he can sell these products. This investment will help Francisco to provide better service to his customers, and obtain more income for his household.

Francisco dreams of being able to finish his house, so that he can live there with his wife and son. He also wants to continue to support his son with his education so that he can become a professional.

Translator profile picture

Translated from Spanish by Kiva volunteer Lisa Grobar

Loan details

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Loan details