Expired

Total loan: $775
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Elkin Alonso

Colombia
Planeta Rica, Colombia / General Store

A loan of $775 helped to buy wholesale goods (snacks, cold meats, dairy products, pasta, grains and other basic items).


Elkin Alonso's story

Elkin is 30 years old, and is single with no children. He was living with his grandparents, but they passed away several months ago after suffering a long illness. He has a store, but after the death of his grandparents, it was left without products and he ran out of working capital. At the moment, he makes a living working as an employee at a ranch in the village in which he lives. He is supported by his cousin, who looks after his store and sells the few products left there.

This is why he is requesting a loan to buy wholesale goods (snacks, cold meats, dairy products, pasta, grains and other basic items) with the aim of restocking the business, capitalizing on the advantage he has of being the only person who provides this service in the village in which he lives. Because of this, he already has a customer base, which will help him to increase his sales and profits.

Elkin dreams of restocking and rebuilding his business, so that it generates enough income to allow him to become fully independent. However, he knows that to achieve this, he will have to work hard and with a great deal of dedication. This is the only way that he will be able to progress and guarantee the economic stability that provides improved living conditions.

Translator profile picture

Translated from Spanish by Kiva volunteer Chloe Pilpel



Loan details

Loan length:

21 months
Disbursed date: July 31, 2013
Expired: October 3, 2013

Lenders and lending teams



Loan details

Loan length:

21 months
Disbursed date: July 31, 2013
Expired: October 3, 2013