A loan of $1,125 helped to fix the motor of a cooler and to buy stock wholesale (snacks, dairy products, meats, eggs, grains, pastas, and soft drinks, among others).


Pedro Nel's story

Pedro, age 52, is married and has five children. Throughout his productive life he has worked as a caretaker at different residences. However, in order to take advantage of an opportunity to become independent, he decided to retire from his employment. With his severance pay and some savings he bought a grocery story that was his father’s. His father, being elderly, decided to return to his native town to spend the last years of his life. He works every day of the week from 8:00 a.m. until 10:00 p.m. He does this to take maximum advantage of the advantages he has of being very well located. His neighbors generally consume his products daily. The other advantage is the time he has in the market because it has been his property for 19 years. The client is a charismatic and vigorous man who is dedicated to his family and his work. He is always looking for new alternatives that will allow him to get ahead. That is why he is motivated to request a loan. With the loan he intends to fix the motor of a cooler and to buy stock wholesale (snacks, dairy products, meats, eggs, grains, pastas, and soft drinks, among others). This will allow him to improve the condition of his assets, and he will be able to offer a greater variety of products. He will also satisfy his customers’ needs and preferences. As a result his sales will increase as well as the income he gets from his work. Pedro wishes to continue working arduously in order to keep his business functioning and to manage to continue being profitable and long-lasting throughout time. He wishes to continue supporting his children’s education. He dreams of seeing them graduate as professionals. He also dreams of enjoying a better quality of life and well-being in the company of his loved ones.

Translated from Spanish by Kiva volunteer Ginny Kalish



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