A loan of $2,925 helped to purchase wholesale goods and make repairs to his new store.

Rafael Antonio's story

Rafael is 52, married, and the father of three children for whom he has labored tirelessly so they can have a better future.

During most of his working life, Rafael has been an independent businessman, selling ice cream and desserts that he and his wife prepared. Rafael learned this business by starting and operating it, and managed to cover his family's basic expenses.

Rafael now has the opportunity to take over an established and well-stocked grocery store. He needs, however, to purchase additional wholesale goods (grains, sugar, beer, soda, pastries, dairy products) and make repairs (plaster and paint the walls). These purchases and improvements will allow Rafael to launch his new business project and improve the store's image. He'll be able to offer a greater variety of goods to meet his customers' needs and preferences, increasing his income so he can provide a better quality of life for his family.

Rafael says that taking over this store would be the fulfillment of a dream. He's always wanted to have his own business in a site that's open to the public, thus avoiding the risks that come from working on the street. Rafael also believes that the shop will be much more profitable than his old business. He wants to achieve a degree of financial stability that will allow him to keep striving for the well-being of his family.

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Translated from Spanish by Kiva volunteer Stephen Volante

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Loan details