Funded

Total loan: $550
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José Alberto

Colombia
Sonson, Colombia / Retail

A loan of $550 helped to buy assorted goods wholesale (snacks, candy, gum, soft drinks).


José Alberto's story

José, aged 51, is separated and is the father of 2 children.

For the past 26 years he has earned a living as an independent vendor. He has a cart where he sells snacks, confectionery, soft drinks, and other items. It is located in the main park of the town where he lives, and so he has a large clientele. He also provides a shoe shine service, which supplements his income to help support his children. He learned this trade from his father, who had a cart for 30 years.

José is a humble, charismatic and friendly man who struggles untiringly, enduring adversity and the changes in the weather, in order to give his family a better quality of life.

He is currently applying for a loan to purchase an assortment of goods wholesale (snacks, candy, gum, soft drinks). This will allow him to increase his profit margin, because he will be able to buy the products at a lower cost, and thus, will increase his income.

José dreams of being able to acquire a locale to set up his business to provide better service. This would mean he would no longer work as a street vendor and he would avoid the risks to which he is exposed on the street. He will continue to work to give his children a better quality of life.

Translated from Spanish by Kiva volunteer Amy Huras



Loan details

Loan length:

14 months
Disbursed date: September 5, 2013

Lenders and lending teams




Loan details

Loan length:

14 months
Disbursed date: September 5, 2013