A loan of $625 helped to buy rice, sugar, oil, chicken, bologna, cheese, cream, sausages, bread.

Electerio Felipe's story

Electerio, a humble man of 53 years, is from the city of Darío Matagalpa but currently lives in Managua. He is married and has four children, but only the 7-year-old is in school. Electerio is a merchant. He has owned a small store for over 15 years. He entered the field at the age of 36, working for a business. He later decided to quit, and used the severance pay to establish his own business: his store. He sought funding to buy more products that he no longer has in his inventory. His wife supports him in the business by managing the store.
He needs this loan for the purchase of rice, sugar, oil, chicken, bologna, cheese, cream, sausages, bread, etc. His goal is to increase his sales in order to make a better income and to be able to satisfy his customers. One of his plans for the future is to be able to convert his store into a distributor.

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Translated from Spanish by Kiva volunteer Christine Cooper

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