A loan of $350 helped to buy shorts, T-shirts, sweaters, and pants.


Daniel's story

Daniel, a husband and father of two daughters, ages 18 and 22, works daily from 7 in the morning until 6 in the afternoon, on his own account, with the goal of buying his own home in the future. For three years, he has sold assorted merchandise, especially informal clothing, an idea that came about when he recognized his business capabilities. With a little working capital and a lot of discipline, he started offering assorted garments to neighbors and friends. Little by little, his efforts bore fruit, when his customer base grew. Many times his working capital is not sufficient to meet demand, because he sells on credit and he needs more liquidity to be timely with his customers and keep maintaining himself in the market. This is exactly why he is asking for a Kiva loan. This is his first financing from Fundación Mario Santo Domingo, with which he will buy shorts, T-shirts, sweaters, and pants that his customers have been asking for. He plans to reinvest his profits and save to achieve each one of his family's dreams little by little.

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Translated from Spanish by Kiva volunteer Caitlin Jones



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Loan details