A loan of $1,000 helped to buy flour and shortening at wholesale.

Alex's story

Alex, 28, is married and has two children aged 5 and 8. He works baking and selling bread. His bakery is located in El Torno. This loan is his first with the institution and Alex will use it to buy flour, shortening and yeast at wholesale because he wants to increase production to meet customer demand.

The business challenge Alex faces is competition because there are several bakeries locally. His profits will improve with this loan. Alex is a young man who very much wants to improve and feels happy and grateful to the institution for the support provided.

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Translated from Spanish by Kiva volunteer Polliz

Loan details

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Loan details