A loan of $550 helped purchase of merchandise, such as clothes, footwear, ladies underwear, etc.

Jorge Fausto's story

Jorge Fausto is 58 years old and is single. He is from the municipality of Posoltega and lives in the town at the moment. He is a street vendor with his own route. He sells to his customers on credit. He sells clothes, footwear and any other type of product that his customers request.

He started the business when his brother gave him this route so that he could work it himself. That was fifteen years ago. The purpose of the loan is to invest it in working capital in order to be able to offer his customers more and more varied products, to expand his business a bit.

Jorge is very grateful for the help given by Kiva investors to people with scarce resources and from poor countries like Nicaragua which gives them the means to have an honest job.

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Translated from Spanish by Kiva volunteer Suzanne Carey

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