A loan of $1,575 helped to buy an industrial mixer, a scale, and wholesale supplies (flour, sugar, baking powder, margarine, and eggs, among others).


Álvaro De Jesús's story

Álvaro, age 63, is a small businessman with over 40 years of experience in the field of baking. He worked at different businesses as a baker and pastry maker. He gained greater knowledge and experience in managing this type of business. This drove him to become independent. Fourteen years ago he set up his first branch in the municipality where he lives. However, a few months later he had a stroke because he got wet while overheated. This left him with secondary effects and difficulty getting around. Nevertheless, this did not stop him, and he kept working in order to get his five children ahead.

Throughout many years, his business has become stronger, and it has become well-known in the area. It gives very good results in sales because of the quality and good taste of the products that he offers. This drove him to set up a second branch in another neighborhood in the municipality. Starting approximately a month ago, the business has been well accepted by the inhabitants of the area.

He is currently requesting the loan in order to buy an industrial mixer, a scale, and wholesale supplies (flour, sugar, baking powder, margarine, and eggs, among others). This will allow him to continue strengthening the new branch so that it will become well-known and profitable.

Álvaro’s goal is well-positioning his second point of sales. This way he will continue struggling to fulfill his dream of having a chain of well-known bakeries in the region. This will guarantee him of financial security in order to give his family a better quality of life.

Translated from Spanish by Kiva volunteer Ginny Kalish



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