A loan of $650 helped to buy electronic household appliances, clothing, footwear, and perfumes.

Manuel José's story

Manuel is nineteen years old and has two years of experience as a tradesman selling various products. He principally sells cosmetics, clothing, and footwear. This commercial activity is derived from that of his parents, who taught him this work from a young age. Little by little, they supported him in strengthening his own capital.

Manuel has won a fixed clientele, and they make standing orders. However, his working capital is insufficient to cover this demand a lot of the time, and he sells the majority of his products on credit. His expectation for growth is greater with help than if he works alone. This is the reason that he requests a loan.

This is his first financing with Fundación Mario Santo Domingo. He will buy electronic household appliances, clothing, footwear, and perfumes - these are the products that his clients have requested. Little by little, this will help him in growing his business, and he will be able to attain a stable economic situation and to continue studying in order to be successful in the future.

Translator profile picture

Translated from Spanish by Kiva volunteer Christina Mellace

Loan details

Lenders and lending teams

Loan details