A loan of $1,700 helped to make bulk cash purchases of snacks and soft drinks.

Nivaldo Enrique's story

Nivaldo put his first Kiva loan to good use, investing it in his business, increasing his working capital and improving his cash flow which led to increased profits and higher customer numbers. As we see, many things have improved since he received his Kiva loan and, in addition, he was able to use the profits to enrol his daughters in school and carry out some improvements to his home. He has this message for those who provided his funding: "I am very grateful for the financial support I have received from the foundation and from Kiva and it is thanks to this that I have achieved this standard of living for my family."

He is currently applying for another Kiva loan which he will use to make bulk cash purchases of snacks and soft drinks. This is particularly important now as the city carnival, one of the peak sales seasons, is approaching and he needs to have his shop well stocked so people can enjoy themselves and revel in the celebrations by wearing disguises, drinking, eating in Nivaldo's pub and dancing to the rhythm of Caribbean drums.

Translated from Spanish by Kiva volunteer Janice Crossfield

Loan details

Lenders and lending teams

Loan details