A loan of $1,000 helped to buy merchandise for resale to pay for his university studies.

Daniel's story

Daniel is a young entrepreneur who is dynamic and responsible. At the age of 20 he is taking care of his own personal costs as well as paying for his university studies. He does all of this with the profits he makes from selling merchandise and products from catalogues, which he started doing as an alternative means of making an income. His main customers are his fellow students, neighbours and friends and he works every day without a fixed routine.

In order to strengthen his business, he is asking for the loan to buy merchandise wholesale and on special offer (lotions, clothing, accessories, cosmetics and other items). This will enable him to have a larger variety of products available for sale and so he will be able to satisfy the needs and tastes of his customers. This will lead to an increase in sales and in the profit margin he makes.

Daniel says his main dream is to have the financial resources to continue paying for his studies and finish his degree course in Administration. Later on, he would like to have the possibility of improving his quality of life.

Translated from Spanish by Kiva volunteer Judith McInally

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