A loan of $800 helped to buy belts, glasses, buckles, and glasses cases.


Luis Yair's story

Luis, 28 years old, lives with his spouse and works by selling belts and buckles wholesale and individually, a job he has done since he was a child. This has been his greatest ability and is something for which he has an aptitude. Previously, Luis was further out of town from an important shopping center in the southern area of the cry. However, he relocated and now he is in an area intended for street vendors to set up.

He works from 9am to 9pm Monday through Sunday without breaks. The competition is high in this area, but they respect and support each other. He works in the service sector, which attracts customers. The Fundación Mario Santo Domingo gave him a loan before, which helped him in the 2012 season to buy belts, buckles, and women's and men's accessories. This slowly increased his merchandise stock, his working capital, sales liquidity, and the subtleties of the business.

His biggest dream is to have his own home and increase his small business. With the last loan, he improved his liquid working capital and family income. He is grateful to the Fundación and wants to keep receiving financial aid so he can keep progressing in his business and family life. This is his first Kiva loan, which he will invest in the same products as with the first loan: belts, glasses, wallets, and glasses cases among other items. This will increase his sales and the usefulness of his business. With the loan, he will have a good supply because it is in a good location and he will offer fair prices, which is the success of his Kiva loan.

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Translated from Spanish by Kiva volunteer Amy Polenske



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