A loan of $450 helped to buy merchandise in general such as shoes, pants, blouses, cosmetics, and other items.


Jorge Fausto's story

Jorge Fausto is a single adult, from a municipality of Chinandega, located in the western part of the country where trade is predominant. He can be described as a responsible and hardworking man, with a strong desire for self-improvement. He is a micro-entrepreneur who buys and sells merchandise in general such as the following: varied styles of clothing for children, women, and adults, shoes, cosmetics, and other items. He purchases in cash at wholesale markets, and sells in cash and on credit to regular and occasional customers, collecting money weekly or biweekly. All this business is done as traveling sales and by order. Most of his customers live in rural areas, so his workday begins very early to allow him to supply them all.

The purpose of this loan is for working capital to buy merchandise in general such as cosmetics, plastic products, pants, blouses, skirts, shorts, and facial creams, among other items. Jorge Fausto is very grateful for the help that the Kiva lenders give to people with scarce resources.

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Translated from Spanish by Kiva volunteer Elizabeth Meravi



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