A loan of $1,075 helped purchase fixed assets (tables and chairs) and stock up on wholesale items (cakes, beer, sodas, hydrating drinks, and candies).


Eider Arbey's story

Eider is a 32-year-old man. He is married and the father of two children who are 11 and four years old. Due to unemployment and lack of work opportunities, his family has gone through very difficult financial times. But with an entrepreneurial attitude and dreams of moving ahead, he continued looking for options that would allow him to get ahead. Six months ago, an opportunity presented itself to rent some space that has synthetic soccer field turf, which he rents out by the hour. He also has a store next to the field where he sells cakes, hydrating drinks, sodas, and liquor. With this, he has generated income to continue supporting his household. The borrower is requesting the loan to purchase fixed assets (tables and chairs) and stock up on wholesale items (cakes, beer, sodas, hydrating drinks, and candies). With this he will be able to improve his business' image so his customers will be more comfortable and be able to enjoy the space, as well as so he can offer a better variety of products to satisfy the different tastes of the people who patronize his business. The will augment his sales, and, ultimately, his revenues. Eider dreams of having his own soccer field to be able to improve his finances so he will be able to offer his children a better education and improve his entire family's quality of life.

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Translated from Spanish by Kiva volunteer Olivia Shirley



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