A loan of $1,400 helped purchase general merchandise such as: a variety of clothing styles, shoes, cosmetics, and plastic products among others.

Jose Francisco's story

Jose Francisco is married, and is a native of the city of Chinandega, which is located in the western region of the country. He works buying and selling general merchandise such as: clothing for children and adults, shoes, knick-knacks, gold, silver and bronze jewelry, and plastic products among other things. He makes his purchases in cash in a market in another area. He then distributes his merchandise to business in this city and other commercial centers. He has fixed and prospective clients that pay in cash and on credit which he collects weekly or biweekly.

He started his business with his own money, searching for a way to make a living because due to a lack of financial resources, he was not able to attend college and had to work from a young age to help with the household expenses. His day starts very early, and he works in his business about 10 hours a day offering his merchandise as a traveling salesman.

The goal of this loan is to invest in working capital and stock his business of buying and selling new clothing, shoes, cosmetics, and plastic products among others, so that in the near future he can improve his earnings.

Translated from Spanish by Kiva volunteer Roberto Henry

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