A loan of $1,600 helped to buy stock merchandise and to repair the refrigerator.

Remigio's story

Remigio, 43, is father of two children aged 1 and 5 and is in a common law relationship with his wife. He’s had his own business for about 27 years, a cafeteria where he sells fried food, soft-drinks, coffee, mobile phone minutes, sweets, etc. He’s generated income this way to provide sustenance at home and to watch over his children’s well-being.

He’s currently going through a difficult patch because of some medical expenses he’s had to cover an illness that’s affecting him. However, his tenacity, drive and dedication is pushing him to overcome this situation and he sees in the loan a help to continue moving forward.

He wants to use the money to buy stock at wholesale (cookies and crackers, packaged snacks, soft-drinks, meat products, dairy products, coffee, etc.) and to repair the refrigerator that’s in poor condition. This will allow him to have a wider variety of goods on-hand to sell in order to meet customer demand leading to increased income earned from work.

This gives Remigio the strength to continue striving for his business and to make it more profitable so that it will generate favorable economic stability to provide his family with better living conditions and well-being.

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Translated from Spanish by Kiva volunteer Polliz

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Loan details