A loan of $1,050 helped to purchase raw materials, such as gold, silver and pearls, for his jewelry business.

Joaquin Alberto's story

Joaquín Alberto is a 50-year-old small-businessman. He is married and has two children, ages 25 and 23, one of whom attends a university. Joaquín makes a living as a jeweler, making items with gold and silver and also doing repairs. He set up his business 30 years ago after learning the trade when he was very young to help his family with household expenses. He currently has the support of his eldest son and his wife, who is working abroad. This time, he is requesting the loan to invest in raw materials like gold and silver. His goal is to expand his business. Joaquín is very grateful for the help Kiva lenders provide to people with few resources in poor countries like Nicaragua so they can have a means to a decent living.

Translated from Spanish by Kiva volunteer Marty Greenstein

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Loan details