A loan of $1,125 helped to buy rice, sugar and other supplies in bulk.

Federico's story

Mr. Federico, 62 is married to Mrs. Francisca. They have five children together, all of them independent adults with their own families.

Mr. Federico is a merchant. He has a well-stocked store with essential products, run by him and his wife. He also buys and sells coal. Every week, he buys in bulk and repacks in one-kilo bags. Federico’s wife also works hard and he says that she was part of a group composed of women until its eleventh cycle. She had to leave in order to be able to request larger amounts and extend her repayment periods. They have always been hardworking persons, struggling to get ahead and help their family.

This loan is to buy rice, sugar and other products in bulk, with which they will be able to continue offering their clients a wide variety of products.

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Translated from Spanish by Kiva volunteer Santiago Mejía Dugand

Loan details

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Loan details