A loan of $575 helped to buy school supplies and to get new Internet service.


Gustavo Rafael's story

Gustavo, 26, lives in the town of Arjona in the department of Bolívar, which comes from a tri-ethnic group that developed in Colombia, with dark-skinned phenotypic characteristics in the town center and communities of Afro-Colombian descent.

Gustavo owns a variety store where he sells school supplies and offers Internet service. He has done this work for four years. When he didn't get a formal job, he decided to invest his own income in this business. He makes his sales in cash among neighbors and passersby; he also makes his purchases in cash, in the town plaza. His goal is to increase his sales and turn over his merchandise quickly so he can make repairs on his house.

Currently he's applying for a Kiva loan, his first financing with Fundación Mario Santo Domingo. He's going to buy school supplies and acquire new Internet service to make the most of the school season to increase his sales, as long as he adjusts his stock to the needs of the market.

This is precisely what he'll achieve with his Kiva loan, and it will be the reason for the success of his investment.

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Translated from Spanish by Kiva volunteer Catharine Wall



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