A loan of $1,100 helped to buy large plastic tanks.

Francisco Manuel's story

Francisco is grateful for the support provided by his first Kiva loan, which he used to buy recycling products and pay for welding and electrical soldering services. He benefitted greatly from this investment because he was able to buy exactly those things which allow him to make higher profits. His negotiating power with his suppliers has improved and he is taking steps to buy his own home. Francisco is very grateful to Kiva lenders and asks that they continue to support him so that he can continue working and have a better quality of life. He is currently applying for a new Kiva loan which he plans to use to buy the large plastic tanks he needs to expand his recycling business. As he has to make payments daily, he needs to have cash available to expand his business and be in a position to generate higher income. His investment will be successful because this is a product which sells extremely well and because it also offers a good profit margin.

Translated from Spanish by Kiva volunteer Janice Crossfield

Loan details

Lenders and lending teams

Loan details