A loan of $1,550 helped to purchase wholesale supplies such as wood, scraps of cloth, wire, and other items.


Carlos Augusto's story

Carlos, 63 years old, is engaged in making cleaning implements such as brooms and mops, an activity he began empirically and that arose from the need to generate income to support his family. He works alone every day from 7:00 am to 6:00 pm, depending on the amount of products that he must deliver since production is done manually. In this way, he has managed to raise his son, who will soon be a lawyer. Currently, he is requesting the help of this loan to invest in the purchase of wholesale supplies such as wood, scraps of cloth, wire, and other items. His goal is to stock up and have the material available to make timely delivery of his pending orders. Thus, he will increase his sales, which will help him pay for his basic household needs and continue investing in his business. His main desire for the near future is to implement technology in his business in order to optimize production time. This will enable him to acquire larger orders that generate higher profits and financial stability and enjoy better well-being and quality of life.

Translated from Spanish by Kiva volunteer Eleanor Francoletti-Putz



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