A loan of $1,600 helped purchase wholesale merchandise (cabinets, fans, sheets, pots and pans, and other household items).


Jorge Eliécer's story

Jorge is a 29 year old entrepreneur with a can-do spirit that has led him to start his own business when he was not able to find gainful employment. He currently works as an independent merchant, traveling through various municipalities of eastern Antioquia selling merchandise door-to-door on credit. His mode of transportation is a bicycle adapted as a wagon so that he is able to carry the products that he offers. In this way, he has been able to generate sufficient income to take care of his household. With the loan he currently seeks, Jorge will build his business by purchasing wholesale merchandise (cabinets, fans, sheets, pots and pans, and other household items) in preparation for the end of the year sales season. This will reduce costs, which will then increase the profit margin from his sales. Jorge states that his only challenge is managing his portfolio, but to date he has been able to manage it and all of his customers have paid on time. Furthermore, he hopes to continue working hard and to one day open his own distribution business, thereby improving his well-being and quality of life.

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Translated from Spanish by Kiva volunteer JOHN NELSON



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