Funded

Total loan: $575
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David De Jesus


A loan of $575 helped to buy t-shirts, shirts, pants, and shoes.


David De Jesus's story

33-year-old David is a married man and is the father of three children between the ages of 2 and 8. As a businessman, and working for a business, he generates enough income to support his family. He has made a living from selling shoes, sports clothes and sweaters since 2011, when he decided to search for alternatives to increase his income; he observed the needs of his colleagues in terms of clothing and began to buy merchandise and sell it to them on credit. His business kept growing little by little. His makes sales on credit from Monday to Saturday, at the same time as being an employee of a business, and his goal is to increase his socioeconomic level and for his children to study so that in the future they have great potential for success.

He is currently applying for a loan from Kiva, the first financing he is getting through Fundación Mario Santo Domingo, with which he will buy t-shirts, shirts, pants, and shoes in bulk in order to get discounts. His customers have ordered these items of clothing and he needs to respond to the demand. His working capital is not sufficient in light of his increased clientele and demand. This means that his loan will be a successful investment.

Translated from Spanish by Kiva volunteer Eloise Minogue



Loan details

Loan length:

15 months
Disbursed date: March 22, 2013
Facilitated by Field Partner: Fundación Mario Santo Domingo (FMSD)

Lenders and lending teams



Loan details

Loan length:

15 months
Disbursed date: March 22, 2013
Facilitated by Field Partner: Fundación Mario Santo Domingo (FMSD)