A loan of $575 helped to have working capital to buy more scrap materials to make more profits.


Enrique Jose's story

Enrique José is 46 years old, single, and comes from Chinandega. Seven years ago he got the idea to buy and sell scrap and he started to buy from people in Chinandega, Corinto, and Chichigalpa. He offers to buy all the iron and aluminum that these people are no longer using at home, as these materials are recycled to make new products, and he turns them over to collectors in Chinandega. Through a great deal of sacrifice he has been able to get his own means of transportation, a truck with a loudspeaker, to carry the materials people sell him. He is asking for a loan to invest in working capital to buy more scrap so he can make more profits. He is very thankful to Kiva's investors for the help they offer low-income people.

Translated from Spanish by Kiva volunteer Alyson Trowbridge



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