A loan of $1,100 helped to buy soft-drinks, rice and dairy products.


Ivan Fabricio's story

Ivan lives in the city of Portoviejo. He started his business when his father died; he began selling basic staples. He currently has a small store where he sells rice for $0.50 a pound, coffee for $0.25 per envelope and beverages starting at $0.20. He works Monday to Sunday from very early on. He’s married and has two children, a six-year-old and a 3-year-old.

He has many hopes for his business since it’s his family’s source of support which is why he wants to invest in food items so that his store will be better stocked. He will use the loan to buy soft-drinks, rice and dairy products.

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Translated from Spanish by Kiva volunteer Polliz



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